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Please Discuss these question in 250 minimum 500 maximum words. What is long-term versus short-term debt? Why is this distinction important on the balance sheet?

Please Discuss these question in 250 minimum 500 maximum words.

What is long-term versus short-term debt?

Why is this distinction important on the balance sheet?

What is liquidity and how it is measured?

Who cares about the liability of a company?

Make sure you include citations

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