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Manufacturing salaries and wages incurred in the factory are period costs.
Financing Activities
Transactions related to raising capital, repaying investors, and restructuring company debt within a business's cash flow statement.
Long-Term Debt
Borrowed money that is due for repayment more than one year into the future.
Financing Activities
Financing activities involve transactions between a company and its investors or creditors, affecting the equity and long-term liabilities on the balance sheet.
Depreciation Expense
An accounting method used to allocate the cost of a tangible asset over its useful life.
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