Examlex
What is one of the functions peers provide in active play?
Working Capital
The difference between a company's current assets and current liabilities, indicating its short-term financial health and operational efficiency.
Accrual
The accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when the cash transaction happens.
Short-term Debt
Obligations and borrowings due to be paid within one year, critical for assessing a company's liquidity.
Disclosure Note
Supplementary information provided in financial statements, explaining the basis for certain accounting policies, detailing specific financial figure backgrounds.
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