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Why are perfectly competitive ranchers in Montana price takers?
Dividends
Payments made by a corporation to its shareholder members, usually out of profits or reserves.
Working Capital
Current assets minus current liabilities, representing the short-term liquidity and operational efficiency of a business.
Current Ratio
An indicator of financial health showing whether a business can cover its short-term debts with assets that can be quickly converted into cash.
Acid-Test Ratio
A stringent indicator of a company's short-term liquidity, calculated by dividing liquid assets by current liabilities.
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