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Identify the rules of algebra illustrated from left to right by the following statement. (z - 7) + 7 = z + (-7 + 7) = z + 0 = z
Fixed Charge Coverage
A financial ratio that measures a firm's ability to cover its fixed charges, such as interest and leases, with its earnings before interest and taxes (EBIT).
Quick Asset Ratio
A liquidity measure that indicates a company's capacity to pay its short-term liabilities with its quick assets, excluding inventories.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets over its current liabilities.
Investing Activity
Transactions involving the purchase or sale of long-term assets and other investments not included in cash equivalents.
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