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Use the following data to answer the questions.
Financial Statement
Documents that report on a company's financial performance, position, and cash flows, providing insights to stakeholders about its financial health.
Bad Debt Expense
An expense recorded by businesses to account for invoices that are unlikely to be paid by customers.
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within a year.
Cash Equivalents
Short-term, highly liquid investments that are easily convertible to known amounts of cash with original maturities of three months or less.
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