Noell

Noncurrent Liabilities Definition.



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Noncurrent liabilities are debts of a business that are not due within the next 12 months. A business may have many different types of noncurrent liabilities, such as bonds payable, long-term loans, and deferred tax liabilities. Noncurrent liabilities are important to consider when analyzing a company’s financial health, as they can represent a significant portion … Read more

What is a credit card?



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Credit cards are plastic cards made up of a magnetic strip or a microchip and that constitute a form of financing that allows cardholders to pay for products or services without the need to have cash or checks. They can be issued by a bank or financial entity, a store or a service provider and … Read more