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Brandon Henige
on Dec 09, 2024

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When the firm takes out a long-term bank loan, then it is considered a use of cash.

Long-term Bank Loan

A loan provided by a banking institution with a repayment period extending beyond one year, typically used for financing significant business investments or acquisitions.

Use of Cash

Use of Cash refers to how a business or individual utilizes their available cash resources, including operating expenses, investments, and financing activities.

  • Delve into the association between distinct financial operations and a firm's financial liquidity.
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MJ
Mae Jean JaqueDec 11, 2024
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