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A new RN asks a peer how the peer always seems to get timely responses from the laboratory department.The experienced RN explains the process she uses.This is most likely an example of which of the following?
Working Capital
The difference between a company's current assets and current liabilities, indicating the short-term liquidity and operational efficiency.
Current Liabilities
Liabilities expected to be settled within one year or within the normal operating cycle of the business, such as accounts payable and short-term loans.
Current Ratio
A measure used to determine a company's potential to fulfill obligations due within one year by calculating the ratio of its current assets to its current liabilities.
Indicator Of Liquidity
Measures that indicate how easily a company can convert its assets into cash to cover short-term obligations.
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