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How does high productivity give a company a competitive edge?
Notes Receivable
An asset on the balance sheet representing the right to receive payments from a debtor under the terms of a promissory note.
Noncurrent Assets
Long-term resources owned by a company, such as property, plant, equipment, and intangible assets, expected to provide value beyond the immediate fiscal year.
Unearned Fees
Income received by a business for services yet to be provided or goods to be delivered; recognized as a liability until the service or good is delivered.
Current Liability
A company's financial obligations that are due to be settled within one year or within the normal operating cycle.
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