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The corrosion of metals,such as the rusting of iron,is an example of
Working Capital Ratio
A financial metric used to determine a company's ability to pay off its current liabilities with its current assets.
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business.
Current Liabilities
Short-term financial obligations that are due within one year or within the normal operating cycle of a company.
Current Assets
Assets on a balance sheet that are expected to be converted into cash, sold, or consumed within a year.
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