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Which of the following is not a developmental task of infancy?
Long-term Borrowings
Loans and financial obligations lasting more than one year, used by businesses to finance major investments or acquisitions.
Financing Activities
Transactions and events that affect the long-term liabilities and equity of a company, including issuing debt and equity.
Note Payable
A written promise to pay a specific sum of money to a bearer or a specified person at a future date or on demand.
Cash Dividends
Profits paid out to shareholders by a corporation based on the number of shares they own.
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