Examlex
The ranchers' contemptuous term for farmers was ____________________.
Contingent Liabilities
Possible obligations that might arise from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more future events.
U.S. GAAP
Generally Accepted Accounting Principles in the United States, a framework of accounting standards, principles, and procedures.
Current Liabilities
Short-term financial obligations that a company is expected to pay within one year or one operating cycle, whichever is longer.
Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity levels for operating needs.
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