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Briefly discuss how working in the 21st century will be influenced by at least five factors.
Current Assets
Assets expected to be converted into cash, sold, or consumed within a year or the operating cycle, whichever is longer.
Current Liabilities
Short-term financial obligations due within one year or within the normal operating cycle of the business, whichever is longer.
Current Ratio
The current ratio is a financial metric that measures a company's ability to pay short-term obligations with its short-term assets.
Short-term Debts
Obligations or loans that are due to be paid within one year or less, typically used to fund immediate operational needs.
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