Examlex
Which of the following cases from 1982 held that school districts must provide free public education to the children of illegal immigrants?
Quick Ratio
A liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory. It is calculated as (Cash + Marketable Securities + Receivables) / Current Liabilities.
Current Ratio
A financial metric that compares a company's current assets to its current liabilities, indicating how well it can cover its short-term obligations.
FICA Tax
Federal Insurance Contributions Act tax, a U.S. tax that funds Social Security and Medicare, deducted from employees' paychecks and matched by employers.
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