Examlex
________ is a universal normative principle that follows a set pattern that can be used to understand natural processes or human behavior.
Account Receivable
Money owed to a business by its clients or customers for goods or services delivered or used on credit but not yet paid for.
Long-Term Note Payable
A liability representing borrowed money that is due for repayment beyond the next twelve months from the balance sheet date.
Current Ratio
The current ratio is a liquidity ratio that measures a company's ability to cover its short-term obligations with its short-term assets.
Cash
Physical currency owned by a company or individual, including bank notes and coins, often considered the most liquid form of asset.
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