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in own words: 1. Why do investors/creditors want to distinguish current liabilities from long-term liabilities? 2. Give a real-life example where you need to apply

in own words:

1. Why do investors/creditors want to distinguishcurrent liabilitiesfrom long-term liabilities?

2. Give a real-life example where you need to apply the concept of thetime value of moneyto calculate thefuture value or present valueon compound interest.

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