Examlex
Which of the following is INCORRECTLY matched?
Fixed Assets
Fixed assets, also known as non-current assets, are long-term physical assets used in the operations of a business.
Taxable Income
The portion of an individual's or corporation's income used as a basis for calculating the amount of income tax owed to the government.
Tax Rates
The ratio of private or corporate earnings that is annexed by governmental agencies as tax.
Net Working Capital
The variance between a firm's immediate assets and immediate obligations, showcasing the near-term fiscal well-being and procedural effectiveness of the business.
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