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Choose the Term That Best Fits the Following: a Wide

question 21

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Choose the term that best fits the following: A wide range of maturing technologies is allowing companies to streamline backroom fu and increase efficiency, helping to offset higher labour costs.


Definitions:

Current Liabilities

Financial liabilities of a business that are to be settled within the next 12 months.

Current Assets

Resources anticipated to be transformed into cash, disposed of, or utilized within a year or during the normal operating cycle of a company.

Financial Leverage

The use of borrowed funds to increase potential return on investment.

Operating Cash Flows

The cash generated from the normal operations of a business, including the production and sale of goods or services.

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