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Rational choice theorists argue that democratic political institutions have two effects on their leaders that make them cautious about going to war with one another: democratic states are more likely to win wars and
Current Liabilities
Financial obligations a company needs to settle within one year.
Note Payable
A financial obligation represented by a written promissory note which specifies the amount and terms under which the money must be repaid.
Net Working Capital
A financial metric representing the difference between a company's current assets and current liabilities.
Change in Net Working Capital
The difference between the current assets and current liabilities from one period to the next, reflecting changes in liquidity and operational efficiency.
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