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Sunny was considered a shy person at school. When Sunny met his classmate, Ronny, ten years after school, Ronny was surprised that Sunny has become outspoken and confident. Ronny almost forgot how shy Sunny used to be at school. In terms of social perception, the change in Ronny's perception is due to _____.
Long-Term Liabilities
Obligations due to be paid or settled beyond one year, including loans, bonds, lease obligations, and pension obligations.
Total Liabilities
The sum of all financial obligations a company owes to outside parties, including debts and other financial commitments.
Shareholders' Equity
The residual interest in the assets of a corporation that remains after deducting its liabilities; also known as stockholders' equity.
Equity Multiplier
A financial leverage ratio that measures the portion of a firm's assets that is financed by stockholder's equity.
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