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In 1960, Lois Rabinowitz was ejected from a New York traffic court for wearing pants, which was considered indecent. In 2019, a federal judge struck down a dress code at a charter school in North Carolina that required girls to wear skirts, claiming that it was unconstitutional and discriminatory toward females. What conclusion can be inferred from this change?
Net Cash Flow
The variation in cash earnings versus expenditures for a business during a certain period.
Debt Ratio
A financial ratio that measures the extent of a company's leverage, calculated by dividing total liabilities by total assets.
Equity Multiplier
A financial leverage ratio that measures the portion of a company's assets financed by its shareholders' equity.
Stockholders' Equity
Represents the residual interest in the assets of a corporation after deducting liabilities, essentially the net worth attributable to shareholders.
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