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Graph the equation .
Current Ratio
A financial ratio that indicates how well a company can cover its short-term liabilities with its present assets.
Current Liabilities
Short-term financial obligations that are due within one year or within the company's operating cycle, whichever is longer.
Contingent Liability
A potential financial obligation that may occur in the future depending on the outcome of a specific event.
Probable Event
An event that is likely to occur based on current evidence or past experience.
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