Question: Consider the following excerpt from an article published in Forbes: The article went on to list 92 companies reporting no more than 5% of total

Consider the following excerpt from an article published in Forbes:

The article went on to list 92 companies reporting no more than 5% of total capitalization in noncurrent debt on their balance sheets.
Required:
Explain how so-called debt-free companies (in the sense used by the article) can possess substantial long-term debt or other unrecorded noncurrent liabilities. Provide examples.

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