Examlex
Explain what r2 is.
Profit and Loss Ratio
Measures the relationship between the profits and losses of a business, indicating financial performance.
Safe Cash Payments
Methods of cash transactions that minimize the risk of theft, loss, or accounting errors.
Noncash Assets
Assets that are not in the form of cash or cannot be easily converted into cash, such as property, plant, and equipment.
Liquidation Process
The procedure of closing a business and distributing its assets to claimants, often preceding dissolution.
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