Examlex
The word modem is an acronym for ____.
Long-Term Debt
Borrowings and other financial obligations that are due for repayment beyond the next 12 months, usually including bonds, loans, and lease obligations.
Interest Expense
The cost incurred by an entity for borrowed funds, reflected as a charge against its income.
Goodwill Impairment
A decrease in the recorded value of goodwill, indicating it is worth less than its carrying amount on the balance sheet.
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