6-Lines of Credit for Brokers-Chapter 28
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28.1.1.2.2 Long-Term Liabilities Long-term liabilities are financial obligations that a company expects to settle beyond one year from the balance sheet date. Unlike current liabilities, which are due within a year, long-term liabilities are structured to support significant investments or operational expansions that contribute to the brokerage’s long-term stability and growth. By leveraging long-term liabilities, […]