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Metrics are often specifically developed to target processes, products, or projects.Describe two examples of a good metric for each of those three entities.
Quick Assets
Quick assets are assets that can rapidly be converted into cash, excluding inventory and pre-paid expenses, often used in calculating liquidity measures.
Current Liabilities
Financial obligations that a company is required to pay within one year or within its current operating cycle.
Percent Change
A mathematical calculation that shows how much something has increased or decreased in value or quantity over time, expressed as a percentage.
Base Year
A reference year used for comparative financial analysis, serving as a benchmark for evaluating changes over time.
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