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One advantage of arbitration is that awards are recognized by the signers of the U.N.Convention on Recognition and Enforcement of Foreign Arbitral Awards (or,the New York Convention).
Current Assets
Assets that are expected to be converted into cash, sold, or used up within one year or within the business's operating cycle.
Horizontal Analysis
A method used in financial analysis to compare historical financial information over a series of reporting periods.
Comparative Financial Statement
Financial statements that provide financial data for multiple periods, facilitating the analysis of trends over time.
Current Ratio
A financial ratio that expresses the relationship between current assets and current liabilities, computed by dividing current assets by current liabilities.
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