Examlex
A taxpayer can claim a dependency exemption if the person is a qualifying child or a qualifying relative and the person meets three tests.List the three tests this person must meet.
Working Capital
The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency.
Expressed
Typically refers to something stated explicitly or in a clear manner, often used in the context of contracts or mathematical terms.
Ratio
The expression of a financial statement item or set of items as a percentage of another financial statement item in order to measure an important economic relationship as a single number.
Solvency
The ability of an entity to meet its long-term financial commitments and debts as they come due.
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