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Assume a company has working capital equal to $23,000 and total current liabilities equal to $75,000. The current ratio:
Collaborative Purchasing
The practice of joining with others to buy goods or services in bulk to benefit from reduced prices or better terms.
Social Shopping
Online shopping that incorporates social media and user contributions to facilitate buying decisions.
Niche Market
A specialized segment of the market for a particular kind of product or service.
Micromarket
A small, specific market segment characterized by its own unique needs, preferences, and identity.
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