Examlex
Explain the benefits of obtaining a franchise.
Long-Term Note
A debt security that matures in more than one year, requiring the borrower to repay the principal and interest over an extended period.
Financing Activities
Transactions and events that affect the long-term liabilities and equity of an organization, such as issuing stocks or bonds, and repaying bank loans.
Decrease
The act of becoming smaller or fewer in size, amount, intensity, or degree; a reduction in value or quantity.
Accounts Payable
This term refers to the amounts owed by a company to suppliers or creditors for goods and services received but not yet paid for.
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