The following are debts in disguise:

Question

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Accounts payable, leases, and underfunded pensions are all forms of debt in disguise because they represent obligations that a company owes but may not appear as traditional debt on a balance sheet. Accounts payable represents money owed to suppliers for goods or services received but not yet paid for. Leases represent obligations to pay for the use of an asset over time. Underfunded pensions represent obligations to pay retiree benefits in the future, which may require additional funding to fully cover.

The Following Are Debts in Disguise