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What are the various provisions that a written lease must contain under the Statute of Frauds?
Total Current Assets
The sum of all assets likely to be converted into cash within a year, including cash, marketable securities, accounts receivable, and inventory.
Total Current Liabilities
These are obligations that a company is required to pay within one year or within the normal operating cycle.
Working Capital
The variance between a business's immediate assets and its short-term obligations, signalling its ability to meet short-term debts.
Current Ratio
A financial liquidity ratio that compares a company's current assets to its current liabilities.
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