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Identify and explain five ways of resolving conflict.
Cash Equivalents
Assets readily convertible to a known cash amount within a short period, typically 90 days.
Financing Activities
Transactions and events that affect long-term liabilities and equity of a company, including issuing debt, obtaining loans, or issuing and selling equity securities.
Interest Expense
The financial charge an organization incurs over time for borrowing funds.
Note Payable
A written promissory note wherein the borrower agrees to pay back the lender on demand or at a predetermined future date, along with interest.
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