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A temporary decrease in taxes leads to
Net Income
The total earnings of a company after all expenses and taxes have been deducted from total revenue, often referred to as the bottom line.
Current Ratio
A liquidity ratio that measures a company’s ability to pay short-term obligations with its current assets.
Liquid
Describes assets that can be easily and quickly converted into cash without significant loss in value.
Quick Ratio
A liquidity measure that indicates a company's ability to pay its current liabilities without needing to sell inventory, calculated as (current assets - inventory) / current liabilities.
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