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Using question 2 above,what types of nonpublic agency records would each agency keep that would be of interest to a criminal justice researcher? Give an example of a research question that could be answered by access to the nonpublic agency records.
Negative Net Working Capital
A financial situation where a company's current liabilities exceed its current assets, indicating potential liquidity problems.
Current Liabilities
Short-term financial obligations that are due within one year or within the normal operating cycle of a business, whichever is longer.
Current Assets
Financial resources or inventory that are readily convertible into cash or are expected to be used up through the normal operations of the business within one year or one cycle of operation.
Generally Accepted Accounting Principles
The standard framework of guidelines for financial accounting used in any given jurisdiction; commonly known as GAAP.
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