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Capital Deficiency
A situation where a company's liabilities exceed its assets, indicating potential financial distress.
Income Ratios
Metrics used to evaluate the financial performance of a business by comparing its income to other financial figures.
Liquidation Proceedings
The process of winding up a company's financial affairs by selling off its assets to pay creditors and distributing any remaining assets to shareholders.
Capital Account
An account showing the net worth of a business at a specific point in time, including assets contributed by the owners plus retained earnings.
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