Examlex
A quality child care center should have all of the following EXCEPT
Current Assets
Short-term assets that are expected to be converted into cash, sold, or consumed within one year or the business's operating cycle, whichever is longer.
Merchandise Inventory
Goods and products that a retail business holds in stock with the intention of selling them to customers.
Current Liabilities
Short-term financial obligations that are due within one year or within a normal operating cycle.
Debt-to-equity Ratio
A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets, key in assessing financial leverage.
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