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Discuss three major sources of bureaucratic power.
Current Liabilities
Short-term financial obligations due within one year or within the normal operating cycle of the business.
Total Debt Ratio
A financial metric that compares the total liabilities of a company to its total assets, indicating how much of the company's assets are financed by debt.
Total Equity
The total net worth of a company as calculated by subtracting total liabilities from total assets, representing the owners' stake in the company.
Times Interest Earned Ratio
A metric used to measure a company's ability to meet its interest payments, calculated as earnings before interest and taxes divided by interest expense.
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