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Subject: Book Reports
Author:
Date: September 12, 1997
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Length: 17 / 5030
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Reserves include the free reserves of the company which are built out of the genuine profits of the company. Together they are known as net worth of the company. Total debt includes the long term and the short debt of the company. Long term is for a longer duration, usually for a period more than 3 years like debentures...

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Long term is for a longer duration, usually for a period more than 3 years like debentures. Short term debt is for a lesser duration, usually for less than a year like bank finance for working capital. Creditors are those entities to which the company owes money...

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