Examlex
Simplify the rational expression.
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Depreciation
The systematic reduction in the recorded cost of a fixed asset over its useful life.
Quick Ratio
A financial metric that measures a company's ability to meet its short-term obligations with its most liquid assets; also known as the acid-test ratio.
Current Assets
Assets that are expected to be converted into cash or used up within one year or one business cycle, whichever is longer.
Current Liabilities
Short-term financial obligations due within one year, such as accounts payable and short-term loans.
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