Long-Term ______________________________ Represents the Longer-Term Ability of the Firm to Generate

question 8

Short Answer

Long-term ______________________________ represents the longer-term ability of the firm to generate cash internally or from external sources to satisfy plant capacity and debt repayment needs.

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Definitions:

Societal Costs

Expenses borne by society as a whole, resulting from business operations or economic policies, including environmental damage and health impacts.

Private Cost

Expenses borne by individuals or enterprises as a result of their own production or consumption decisions, not including externalities.

Contingent Environmental Costs

Costs that may occur depending on the outcome of a future event related to the environment, such as cleanup costs for pollution or fines for non-compliance with environmental regulations.

Relationship and Image Costs

Expenses incurred to build and maintain relationships with customers and to enhance the company's image and brand.