Examlex
Persistent means that data should continue to exist in the database even if the object that processes it is destroyed.
Total Current Assets
The total value of all assets that a company expects to convert into cash within one year, including cash, inventory, and accounts receivable.
Total Current Liabilities
The sum of all liabilities of a company that are due within one year, including accounts payable, short-term loans, and other short-term financial obligations.
Assets
Resources owned by a person or business that have economic value and can provide future benefits.
Inventory Turnover Ratio
Indicates how many times a company's inventory is sold and replaced over a certain period, calculated by dividing cost of goods sold by average inventory.
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