Examlex
The purpose of liquidity ratios is to indicate the degree to which a firm relies on borrowed funds in its operations.
Illegal
Actions or activities that are forbidden by law and subject to criminal penalties or fines.
Statute
A written law passed by a legislative body at the federal or state level.
Mental Capacity
The ability of an individual to make informed decisions and understand the consequences of those decisions.
Intoxicated
A condition of being under the influence of alcohol or drugs to a degree that impairs a person's physical and cognitive functions.
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