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Even though almost all the students at the National FFA conference are wearing similar jackets, it is relatively easy to pick out the different student groups competing because the members of each group are standing or sitting close together and tend to pay more attention to their group members than to the other people.This illustrates
Current Asset
An asset likely to be converted into cash, sold, or consumed within one year or the operating cycle, whichever is longer.
Current Liability
A debt or obligation that is due within one year.
Revenue
The sum of money a business earns from selling products or offering services over a specific period.
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