Examlex
A triple option plan is also called a __________ or flexible benefit plan because of the different benefit plans and extra coverage options provided through the insurer or third-party administrator.
Current Assets
Assets on a balance sheet that are expected to be converted into cash, sold, or consumed within a year.
Current Liabilities
Financial obligations a company must pay within a year, such as loans, accounts payable, and other debts.
Working Capital Ratio
A financial metric that measures a company's efficiency and its short-term financial health by comparing current assets to current liabilities.
Balance Sheet
A financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.
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