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Figure 12-2
-Refer to Figure 12-2. If real GDP is equal to Yr, there is
Pledged Receivables
Assets owed to a company that have been used as collateral for a loan or other financial agreement.
Loan Collateral
Security that a borrower offers a lender to secure a loan.
Uncollected Accounts
Accounts receivable that have not yet been paid by customers, representing outstanding debts owed to a business.
Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity available to meet short-term obligations.
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