📚 *Chapter 13: The Long Road Ahead - Deciphering Long-Term Liabilities and Bonds* 🎬

0:00 Introduction
0:24 Learning Objectives
0:45 Key Points
1:46 Real-World Application
2:19 Conclusion

Venture into Chapter 13's realm of long-term liabilities and bonds. Traverse the divide between current and enduring liabilities, discover the intricacies of bonds, and decode the world of bond issuance. Furthermore, step into the shadowy alleys of ethical dilemmas surrounding bond fraud.

🔹 *What You'll Discover:*
1. Navigate the dividing line between fleeting current liabilities and the lasting nature of long-term liabilities.
2. Unravel the mysteries of bonds, from their core purpose to their unchanging interest rates.
3. Journey through the bond issuance process, meeting underwriters and understanding their pivotal roles.
4. Confront the ethical quagmires of bond fraud, arming yourself against potential pitfalls.

🔹 *Spotlight on Real-World Applications:*
- Delve into the real-world scenarios where businesses turn to bonds as their financial lifeboats, propelling long-term projects and ventures.
- Face the choice every business must reckon with debt versus equity financing. Explore the repercussions of each, from tax benefits to ownership dynamics.

🔹 *Who Should Watch:*
- Entrepreneurs and corporate leaders seeking a deeper grasp on long-term financial strategies and the allure of bonds.
- Investment enthusiasts and professionals eager to uncover the risks and rewards of the bond market.
- Individuals aiming to broaden their financial horizons, especially regarding debt and equity dynamics.

🔹 *Concluding Insights:*
- Chapter 13 is your gateway to the vast landscapes of long-term liabilities and bonds. With its comprehensive exploration, you'll emerge with the tools to confidently stride through financial terrains, making enlightened choices that shape businesses' destinies.

Embark on Chapter 13's journey, harnessing the wisdom to chart a clear path in the intricate world of long-term financial commitments. Arm yourself with knowledge, poised to make impactful financial decisions. 🗺️💼📘.

Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper
Publisher/website: OpenStax
Book title: Principles of Accounting, Volume 1: Financial Accounting
Publication date: Apr 11, 2019
Location: Houston, Texas
Book URL: https://openstax.org/books/principles...
Section URL: https://openstax.org/books/principles...

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