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Compared with highly-skilled workers,the advantages of unionization are higher for workers with low skills because they are more likely to be in low-paying jobs with poor working conditions.
Canadian GAAP
Generally Accepted Accounting Principles in Canada, a set of accounting standards for financial reporting by Canadian companies.
Fair Value Accounting
An accounting approach where companies measure and report the value of certain assets and liabilities on the basis of their actual or estimated fair market price.
Net Working Capital
The distinction between the immediate resources and obligations of a company, highlighting its financial condition for the short run.
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