Examlex
Which of the following is not a change associated with the information processing perspective?
Current Ratio
The current ratio is a liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.
Current Liabilities
Obligations a company must pay within a year, including accounts payable, short-term loans, and accrued expenses.
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within one year or within the business's normal operating cycle, whichever is longer.
Accounts Receivable
Funds that customers owe to a business for products or services already provided but not yet compensated for.
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