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What was frequently prescribed by physicians to pregnant women in the 1970s to prevent miscarriages, but was later found to cause the daughters of the women who took the medication to develop a rare form of vaginal or cervical cancer and to have more difficult pregnancies?
Liabilities
Liabilities represent obligations that a company owes to external parties, which might include loans, accounts payable, and other debts.
Working Capital
The measure of a company's operational efficiency and short-term financial health, calculated as current assets minus current liabilities.
Financial Statements
Reports that provide information about a company's financial condition including income, expenses, and net worth.
Current Ratio
A financial ratio that measures a company's ability to pay short-term obligations using its short-term assets.
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