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Generally, the higher the acid-test ratio the easier it is for an organization to pay its current liabilities.
Mortgaged
A status indicating that a property is subject to a mortgage, a loan in which the property acts as security for the repayment of the loan.
Franchised Stores
Retail outlets that operate under a license from a brand or company, allowing them to sell its products or services.
Covenant
A formal agreement or promise between two or more parties to perform or not perform certain actions.
Gross Sales Revenue
The total income derived from sales of goods or services, before any deductions or expenses are subtracted.
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