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Figure 26.5
Identify the labeled structure(s) in each of the following questions.
-Identify the structure(s) indicated by Label J.
Total Capitalization
The total value of a company’s outstanding equity and debt.
Note Payable
A liability in a formal written promise to pay a specific amount of money at a future date or dates.
Common Stock
Represents an equity ownership in a corporation, giving holders voting rights and a share of the company's profits via dividends.
Cash Ratio
A liquidity ratio that measures a company's ability to cover its short-term liabilities with its cash and cash equivalents.
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