Examlex
______ are tools that policy makers have available to use during the policymaking process.
Liquidity
The ability of an asset to be quickly converted into cash or an entity's capacity to meet its immediate and short-term obligations.
Unusual Items
Non-recurring or uncommon transactions that are outside the usual business operation, which might distort the financial statements if not separately disclosed.
Income Statement
A financial statement that reports a company's financial performance over a specific period of time, detailing revenues, expenses, and profits or losses.
Ratio Analysis
A financial analysis method that involves calculating and interpreting financial ratios from statements to assess a company's performance, liquidity, efficiency, and profitability.
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