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Current Attempt in Progress Long - term debt consists of obligations that are payable within a year or one operating cycle, whichever is longer. requires

Current Attempt in Progress

Long

-

term debt

consists of obligations that are payable within a year or one operating cycle, whichever is longer.

requires the use of long

-

term assets.

consists of obligations that are not payable within a year or the operating cycle, whichever is longer.

All of the options are correct.

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