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Groundwater in an aquifer is sometimes called fossil water because
Current Liabilities
Short-term financial obligations due within one year or within the company's operating cycle.
Depreciation
Depreciation represents the gradual reduction of the recorded cost of a fixed asset over its useful life, reflecting the asset's wear and tear, deterioration, or obsolescence.
After-Tax Income
The amount of income left after all applicable taxes have been deducted, reflecting the net income available for spending, saving, or investment.
Net Income
The total earnings of a company after all expenses and taxes have been deducted from revenue.
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