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What standard of proof would the trial judge have applied when ruling on the case?
Net Receivables
the total amount of money owed to a company by its customers minus any amounts that are expected to be uncollectible.
Current Liabilities
Short-term financial obligations that are due within one year or within the normal operating cycle of the business, whichever is longer.
Acid-Test Ratio
A liquidity ratio that measures a company's ability to pay off its current liabilities with its most liquid assets, excluding inventory.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.
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