Examlex
DES was used to prevent miscarriage in the 1940s and 1950s but caused cervical and testicular cancer in some offspring.
Cost of Goods Sold
The direct costs attributable to the production of the goods or services sold by a company, including material and labor expenses.
Sales on Account
Transactions where goods are sold but payment is deferred, creating receivables for the seller.
Quick Ratio
The Quick Ratio, also known as the acid-test ratio, measures a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory.
Marketable Securities
Financial instruments that can be easily converted into cash, often used for short-term investments.
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