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Liquidation
The process of closing a business and distributing its assets to claimants.
Noncash Assets
Assets that cannot be easily converted to cash, such as property, equipment, and investments, often used for operational purposes.
Income Ratios
Financial metrics that compare different aspects of a company's income to other figures, typically used to assess financial performance and efficiency.
Liabilities
Financial obligations or debts that are owed by a business to another entity, which are settled over time through the transfer of economic benefits including money, goods, or services.
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