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How did the American Revolution become another international struggle for power?
Stretching Payables
Extending the period to pay bills as long as possible without incurring penalties, to improve short-term liquidity.
Current Liabilities
Current liabilities are a company's debts or obligations that are due to be paid to creditors within one year.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations.
Times Interest Earned
A financial ratio that measures a company's ability to meet its interest obligations, calculated as earnings before interest and taxes divided by interest expense.
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