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Current assets are listed on the Balance Sheet in:
Trough
The transition point between recession and recovery.
Business Cycle
The economic cycle that involves periods of economic expansion, peak, contraction, and trough.
Contraction
A period of economic decline marked by falling GDP, reduced consumer spending, and increased unemployment.
Operating Leverage
A measure of how revenue growth translates into growth in operating income, indicating the degree to which a company can increase its profits by increasing sales.
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