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Chapter 9: Long-Term Liabilities – Bonds, Amortization, and Financial Statement Impact

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Types of Liabilities

Notes Payable

Introduction to Bonds and Bond Characteristics

Face Value Bonds

Discount on Bonds

Premium on Bonds

Effective Interest Amortization of Bond Premium or Discount

Redeeming Bonds before Maturity

Ratios: Times Interest Earned (TIE)

Types of Liabilities

Introduction to the Statement of Cash Flows

Financing Activities