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Bill and Susan are both standing on identical skateboards (with really good ball bearings) ,initially at rest.Bill weighs three times as much as Susan.Bill pushes horizontally on Susan's back,causing Susan to start moving away from Bill.Immediately after Bill stops pushing,
Non-current Debt
Long-term financial obligations that are due beyond the next twelve months, reflecting a company's long-term financing strategies.
Lending Purposes
The specific reasons or objectives behind the issuance of a loan, such as business expansion or purchase of equipment.
Financing Activities
Transactions between a company and its creditors or investors used to fund the company's operations or expansions, reflected in the cash flow statement.
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that aim to make international financial reporting more transparent and comparable across global boundaries.
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