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Reba purchases U.S.savings bonds which she lists in the name of Rod,Reba's son.The purchase of the bonds does not constitute a gift.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year.
Net Working Capital
A measure of a company's liquidity, calculated as current assets minus current liabilities.
Inventory Sale
The process of selling goods that a company has produced or purchased for resale.
Book Value
The net value of a company's assets minus its liabilities, often used to estimate the company's value if it were to be liquidated.
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