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MAP QUESTIONS
Instructions: Choose the letter on the accompanying map of the Mid-Atlantic States and Old Northwest that correctly identifies each of the following:
Ohio River valley
Net Income
The total earnings of a company after subtracting all expenses, including taxes and operating costs, indicative of the company’s profitability.
Short-term Receivables
Amounts due to a company that are expected to be received within one year from the date of the balance sheet.
Fair Value
The cost one would incur to sell an asset or to assume a liability during a structured exchange with participants in the market at the time of assessment.
Net Realizable Value
The estimated selling price of goods minus the sum of the cost of completion and the costs necessary to make the sale.
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