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Why are cost competitive advantages not as long lasting as other kinds of competitive advantage?
Net Liability
Net liability refers to the total liabilities of an entity minus its assets, indicating a financial position where obligations exceed resources.
Accrued Interest
Interest that has been incurred but not yet paid.
Premium
An amount paid in excess of the normal or nominal value, often relating to the additional cost over the face value of securities or insurance charges beyond standard rates.
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