Examlex
Find the indicated probability
-Two 6-sided dice are rolled. What is the probability that the sum of the two numbers on the dice will be 5?
Current Liability
A company's debts or obligations that are due within one year or within the normal operating cycle, necessitating the use of current assets or the creation of new current liabilities.
Operating Cycle
The period it takes for a company to purchase inventory, sell it, and convert the sale into cash.
Bonds Payable
Long-term liabilities representing borrowed money that a company must repay to bondholders, typically with periodic interest payments.
Long-Term Investment
Investments in securities or assets intended to be held for several years or more to generate long-term returns.
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