Examlex
Which association is not correct?
Net New Borrowing
Refers to the total amount of new debt acquired by a company or government, minus any debt that has been repaid during the same period.
Tax Rate
The defined percentage of income from individuals or corporations allocated for taxes.
Net Income
The profit remaining after all expenses, taxes, and costs have been subtracted from total revenue.
Negative Net Working Capital
A financial situation where a company's current liabilities exceed its current assets, indicating potential liquidity problems.
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