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Case WD 5-1 Genny is completing a research paper that requires some different types of paragraph formatting. Genny notices that Line spacing is at 1.15 and Paragraph spacing says 10pt of spacing after the paragraph. She is wondering if one or both of these entries is a Microsoft default. She figures out that the figure for ____ is a Microsoft default.
Current Ratio
A financial metric indicating the capacity of a business to meet its obligations due within the next year, determined by dividing its current assets by its current liabilities.
Acid-Test Ratio
The acid-test ratio is a liquidity metric that measures a company's ability to cover its short-term liabilities with its quick assets (excluding inventory).
Balance Sheet
A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.
Bonds Payable
Long-term liabilities represented by written promises to pay a specific sum of money, plus interest, at a future date.
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