Business
Business, 17.02.2020 18:18, davelezow72301

RL Enterprises places a $750,000 short-term liability in the long-term liability section of its financial statements. It then includes a note giving a description of a new financing agreement for the liability and describes the terms that would be incurred by the new obligation. Which of the following can you assume based on this information?

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RL Enterprises places a $750,000 short-term liability in the long-term liability section of its fina...

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