Examlex
Global.Com has cash of $75,000; short-term notes payable of $100,000; accounts receivables of $275,000; accounts payable of $135,000: inventories of $350,000; and accrued expenses of $75,000.What is Global's net working capital?
Cash Flow
The net amount of cash and cash-equivalents being transferred in and out of a business, crucial for its liquidity, solvency, and financial flexibility.
Language Of Finance
The specific jargon, terms, and concepts used in the finance industry to communicate financial information and decisions.
Proprietor Form
A business structure owned by a single individual, where the owner and the business are legally the same entity.
Double Taxation
The imposition of taxes on the same income, asset, or financial transaction at two different levels of government, often seen in the taxation of corporate profits and then again when dividends are paid to shareholders.
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