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Why was the election of Franklin Roosevelt in 1932 significant?
Bonds Payable
Long-term debt instruments issued by corporations or governments to raise capital, with an obligation to pay interest and repay principal at a specified date.
Unamortized Premium
The portion of a bond premium that has not yet been amortized or gradually written off over the life of the bond.
Consolidated Income Statement
A financial statement that shows the combined income of a parent company and its subsidiaries, presenting the financial performance of the entire group.
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