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Part 4) Communication /15 Answer the following questions in paragraph form. You must explain yourself clearly in order to earn full marks. 1) Explain the

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Part 4) Communication /15 Answer the following questions in paragraph form. You must explain yourself clearly in order to earn full marks. 1) Explain the differences between determinable and uncertain current liabilities and give a number of examples of each. 2) Explain the advantages for a corporation to obtain financing by issuing debt over equity. 3) Explain the differences between horizontal and vertical analysis of financial statements

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