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A reflex arc
Total Assets
The sum of all reported assets owned by a company, including both current and non-current assets, reflecting the total resources at its disposal.
Creditors
Individuals or entities that have lent goods, money, or services to a company or person, expecting to be repaid at a future date.
Fiscal Year
A one-year period used by governments and businesses for accounting purposes, which may not coincide with the calendar year.
Property Tax
A levy on property that the owner is required to pay, usually levied by local governments based on the property's assessed value.
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