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Briefly summarize the speech communication process.
Current Assets
Resources a business plans to change into cash, dispose of, or use up within either a year or its operating cycle, depending on which period extends further.
Current Liabilities
Financial obligations of a business that are due and payable within one year.
Total Liabilities
The sum of all financial obligations a company owes to outside parties, including loans, accounts payable, and mortgage obligations.
State Sales Tax
A tax imposed by a state on the sale of goods and services, typically calculated as a percentage of the sales price.
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