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In which direction do electrons flow in the external circuit?
Noncash Assets
Assets that cannot be quickly converted to cash, including property, plant, and equipment, and often valued at cost or depreciated cost on the balance sheet.
Liquidation Expenses
Costs incurred during the process of selling off assets or winding up a business, including legal fees, auctioneer fees, and other related expenses.
Cash Distribution
The payment of earnings or capital to shareholders, partners, or members from a corporation, partnership, or other entity, typically in the form of cash.
Noncash Assets
Assets that are not in the form of cash or cash equivalents, including physical property, intellectual property, and investments.
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