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Please help with the following questions, thank you it is much appreciated. 1. Do liabilities that arise during the operating cycle always have a maturity

Please help with the following questions, thank you it is much appreciated.

1. Do liabilities that arise during the operating cycle always have a maturity of less than one year?

2. Should the cash outflows of launching a new perfume be considered as an operating outlay or an investment outlay?

3. Do shareholders and lenders carry out financial analysis in the same way?

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