Examlex
An open circulatory system keeps blood in specialized vessels as the blood flows throughout the body.
Book Value per Share
The equity of a company divided by the number of outstanding shares, determining the accounting value of a share of stock.
Inventory on Credit
Inventory on credit refers to the purchase of goods that will be sold in the future without paying cash upfront, creating accounts payable for the business.
Acid-Test Ratio
A stringent indicator of a company's liquidity, calculating if it can meet its short-term obligations with its most liquid assets, excluding inventory.
Accounts Receivable
Accounts Receivable is the money owed to a company by its customers for goods or services that have been delivered but not yet paid for.
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