Examlex
What type of fine satisfies the idea of proportionality by assessing an offender's net income as well as the seriousness of the crime?
Acid-Test Ratio
A financial metric used to determine a company’s ability to pay off its short-term liabilities with its most liquid assets, excluding inventory.
Marketable Securities
Financial instruments that can be quickly converted into cash at a reasonable price.
Accounts Receivable
Money owed to a company by its customers for products or services delivered on credit.
Current Liabilities
Financial obligations or debts a company is expected to pay within a year.
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