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What does the ratio test tell us about the series ?
External Entities
Organizations or individuals outside of a company that interact with the business, such as suppliers, customers, or regulators.
Legal Entity
An organization or business that is given legal rights and responsibilities, including the ability to enter into contracts, own property, and sue or be sued.
Transferred Assets
Transferred assets are items of value such as property, plant, and equipment that are moved from one owner to another under terms of a transaction or agreement.
Depreciation Adjustments
Modifications made to the depreciation expense recorded for assets, reflecting changes in an asset’s estimated useful life or residual value.
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