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Adjusting entries are made at the end of an accounting period to adjust accounts on the balance sheet.
Net Working Capital
Net working capital, a key indicator of short-term financial strength, is determined by subtracting a firm's current liabilities from its current assets, impacting its ability to meet short-term obligations.
Earnings Before Interest And Taxes
An indicator of a firm's earnings, specifically excluding the costs associated with interest and income taxes.
Depreciation
The accounting process of allocating the cost of tangible assets over their useful lives, reflecting the decrease in value of the asset over time.
Tax Rate
The fiscal share individuals or corporations surrender as tax.
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