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The term that refers to persisting values, beliefs, behaviours, and traditions that are shared by a large group of people and are passed from one generation to the next is
Bonds Payable
Long-term liabilities represented by written promises to pay a specific sum of money, plus interest, at a future date.
Accounts Payable
An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors or suppliers.
Taxes Payable
Liabilities due to federal, state, or local tax authorities within the next fiscal year.
Earnings per Share
A measure of a company's profitability, calculated as the net income divided by the number of outstanding shares of its common stock.
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