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According to Erving Goffman, what key traits define a total institution?
Working Capital
The variance between a firm's current assets and its current liabilities, showcasing the company's operational efficiency and short-term financial stability.
Current Liabilities
Obligations or debts that a company is expected to pay off within a year, such as accounts payable or short-term loans.
Adjusted Trial Balance
A list of all accounts and their balances after adjustments are made, used for preparing financial statements.
Net Loss
The amount by which total expenses exceed total revenues in a given period, indicating a negative financial performance.
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