Examlex
Which of the following are potential disasters? Select all that apply.
Marketable Securities
Financial instruments and assets that are easily liquidable and can be converted into cash quickly at a reasonable price.
Sales on Account
Revenues generated from sales where payment is deferred to a later date.
Ending Accounts Receivable
The amount of money owed to a company by its customers for goods or services delivered or used but not yet paid for at the end of an accounting period.
Stockholders' Equity
The residual interest in the assets of a company after deducting liabilities, representing the ownership stake of shareholders.
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