Examlex
In the formula X = T + E,T refers to
Accounts Payable
The amount of money owed by a company to its suppliers or creditors for goods and services purchased on credit.
Quick Ratio
A liquidity indicator that measures a company's ability to cover its short-term obligations with its most liquid assets, excluding inventories.
Accounts Receivable
Accounts Receivable refers to the money owed to a company by its customers for goods or services that have been delivered but not yet paid for.
Accounts Payable
Short-term liabilities of a company for goods and services received from others but not yet paid for.
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