Examlex
A flat tire in the morning, realizing that you forgot to get your homework done, and getting into an argument with a buddy are all examples of ________.
Cash
Money in the form of coins or banknotes, especially that held by an organization or individual.
Current Ratio
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year with its current assets.
Account Receivable
Money owed to a business by its clients or customers for goods or services delivered or used on credit but not yet paid for.
Long-Term Note Payable
A liability representing borrowed money that is due for repayment beyond the next twelve months from the balance sheet date.
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