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In an entity-relationship diagram, rectangles represent foreign keys.
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within one year or within the operating cycle of a business, whichever is longer.
Current Liabilities
Financial obligations a company is required to pay within one year or within the normal operating cycle.
Current Ratio
A liquidity ratio that measures a company's ability to cover its short-term obligations with its short-term assets.
Income Statement
A financial statement that shows a company's revenues, expenses, and net income over a specific period of time, indicating its profitability.
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