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Preschoolers differ from toddlers in many ways. Which of the following changes may provide parents with new challenges?
Acquisition
The process of gaining control or ownership of another company or its assets, often through purchase or merger.
Net Assets
The total assets of an organization minus its total liabilities, representing the owners' or shareholders' equity.
Credit Balance
A situation where the amount of credits in an account exceeds the debits, often indicating money owed by the institution to the account holder.
Long-Term Liabilities
Debts or obligations a company owes that are due beyond one year's time, such as bonds payable, long-term leases, or pension obligations.
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