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What are the various advantages of Chapter 13 bankruptcy?
Net Income
The total profit of a company after all expenses and taxes have been subtracted from total revenue, indicating financial health.
Total Assets
The sum of all assets owned by a company, displayed on the balance sheet, including current and non-current assets.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.
Total Current Assets
The sum of all assets that a company expects to convert into cash, sell, or consume within one year or within the normal operating cycle of the business.
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