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Good attorneys always defend their clients demonstrates better business writing than A good attorney always defends his client.
Working Capital
The measure of a company's short-term liquidity, determined by subtracting current liabilities from current assets.
Short-Run Liquidity
The ability of a company to meet its short-term financial obligations and operate in the near future without facing financial distress.
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business.
Deferred Revenues
Deferred revenues refer to money received by a business for goods or services yet to be delivered or performed, recorded as a liability on the balance sheet until the obligation is fulfilled.
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