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What is the family purpose doctrine?
Accounts Receivable
Money owed to a business by its customers for goods or services that have been delivered but not yet paid for.
Accounts Payable
The amounts a company owes to its suppliers or creditors for goods or services received that are not yet paid for.
Cash Flow
The net amount of cash and cash-equivalents being transferred into and out of a business.
Marketable Securities
Financial instruments that can be easily converted into cash, such as stocks or bonds.
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