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Which of the following is not true about Tomcat?
Accounts Receivable Turnover
A financial ratio indicating how many times a company's receivables are converted into cash over a period, measuring the efficiency of a company in collecting its debts.
Current Ratio
A financial ratio indicating a firm's capacity to settle short-term debts using its current assets.
Current Liabilities
Obligations or debts that a company expects to pay or settle within one year or its operating cycle, whichever is longer.
Current Assets
Assets that a company expects to convert into cash, sell, or consume within one year or its operating cycle, whichever is longer.
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