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When the ductus arteriosus does not close soon after birth, this is called
Prepaid Insurance
The portion of insurance premiums that has been paid in advance and is considered a current asset on the balance sheet because it provides future economic benefits.
Cash Payments
Transactions that involve the transfer of currency or check from one party to another as a form of payment.
Cash Flows
The net amount of cash and cash-equivalents being transferred into and out of a business.
Income Statement
A financial report that shows a company's revenues, expenses, and profits over a specific period, highlighting operational efficiency.
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