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Which of the following is not considered a flaw of biological theories?
Acid-Test Ratio
A stringent indicator of a company's liquidity, measuring its ability to cover short-term liabilities with its most liquid assets.
Current Ratio
A liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.
Accounts Receivable Turnover
A measure of how quickly a company collects cash from its customers, calculated as sales divided by the average accounts receivable.
Price-Earnings Ratio
A valuation metric comparing a company's current share price to its per-share earnings, used by investors to evaluate the relative value of a company's shares.
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