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Which of the following accurately reflects a recent change to the court system?
Financial Statements
Formal records of the financial activities and position of a business, person, or other entity, presented in a structured manner.
Percentage Analysis
A financial analysis tool that expresses each item within a financial statement as a percent of a base item, facilitating comparison.
Working Capital
A financial metric representing the difference between a company's current assets and current liabilities, indicating its operational liquidity.
Current Liabilities
Short-term financial obligations that are due within one year or within a business's operating cycle, whichever is longer.
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