Examlex
An effective rate of 14.9% has a nominal rate of 14.38% based on semi-annual compounding.
Long-Term Debt
Financial obligations of a business that are due for repayment in more than one year, such as bonds, mortgages, and long-term loans.
Accounts Receivable
Dues from clients to a business for goods or services that have been supplied but remain unpaid.
Product Warranty
A guarantee provided by a manufacturer or seller to a buyer, promising to repair or replace the product if necessary within a specified period of time.
Sale Product
Usually refers to the final merchandise available for sale to consumers, differing from raw materials or components used in manufacturing.
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