Having a Smaller Car Improves Your Gas Mileage and Is

question 96

Short Answer

Having a smaller car improves your gas mileage and is better for the environment, but you may get a more severe injury in an accident or feel a little cramped.  This statement illustrates a(n)________________.

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Definitions:

Cash Increase

An uptick in the amount of liquid assets (cash and cash equivalents) that a company or individual has on hand.

Current Ratio

Current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, by comparing current assets to current liabilities.

Net Working Capital

Net working capital is the difference between a company's current assets and current liabilities, indicating short-term financial health and the ability to cover its short-term obligations.

Factoring Receivable

The process of selling accounts receivable to a third party at a discount to quickly generate cash.