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The price of a good that Joe is currently consuming has increased.
Total Assets
The sum of all assets owned by a company, displayed on the balance sheet, including current and non-current assets.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.
Total Current Assets
The sum of all assets that a company expects to convert into cash, sell, or consume within one year or within the normal operating cycle of the business.
Current Liabilities
Obligations a company is expected to pay within a year, including accounts payable, short-term loans, and other short-term debts.
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