Examlex
What is a statement of cash flows?
Sales
The process of selling goods or services to customers, typically in exchange for money or other forms of compensation.
Acid-Test Ratio
A financial metric used to gauge a company's liquidity by comparing its most liquid assets, without including inventory, to its current liabilities.
Profitability
This refers to the ability of a business to generate earnings as compared to its expenses over a specified period.
Liquidity
The ease with which assets can be converted into cash without significantly affecting their value.
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