Examlex
If you move an electron from the ground state to a higher energy level, the atom becomes an excited atom.
Operating Cycle
The average time period between purchasing or acquiring inventory and receiving cash from sales of the inventory.
Existing Current Assets
Current assets that have been on a company's balance sheet for an extended period and include cash, accounts receivable, inventory, and other short-term assets.
Voluntary Deductions
Optional deductions from an employee's paycheck, such as for health insurance or retirement savings plans.
FICA Taxes
Taxes imposed on both employees and employers to fund Social Security and Medicare, based on a percentage of the employees' wages.
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