Examlex
Match the options below with the correct phrase:
-management information system (MIS)
Liabilities
Financial obligations or debts that a company owes to others, usually as a result of past transactions or events.
Total Stockholders' Equity
The total net value belonging to the owners of a corporation, calculated as the difference between total assets and total liabilities.
Acid Test Ratio
A measure of a company's short-term liquidity, calculating its ability to cover short-term liabilities with its most liquid assets.
Current Assets
Short-term assets that are expected to be converted into cash, sold, or consumed within one year or the business's operating cycle, whichever is longer.
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