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Project One Analysis Paper 1. Explain the importance of the company having long-term debt on its balance sheet. Include the following details in your response:
Project One Analysis Paper 1. Explain the importance of the company having long-term debt on its balance sheet. Include the following details in your response: A. Explain the characteristics of notes payable and bonds payable. B. Explain how long-term debt impacts the financial statements? 2. Explain the alternative accounting methods for situations relating to long-term liabilities and equity. Include the following details in response: A. Why would a bond sell at a different price than the face amount? B. What are the two methods of amortizing premium and discount? 3. Explain the importance of the company having equity on its balance sheet. Consider the following questions to guide your response: A. How do companies obtain common stock? B. Describe the purpose and structure of additional paid-in capital. C. How do dividends paid or dividends payable impact the equity and income statement? 4. Explain the importance of cash flow in the overall financial health of the organization. 5. Explain how cash flow data connects to the income statement and balance sheet components.
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