Examlex
Which of the following generally is not required by a Certificate of Incorporation?
Acid-test Ratio
A financial metric that measures a company's ability to pay off its current liabilities with its quick assets, excluding inventory.
Quick Assets
Quick assets are assets that can rapidly be converted into cash, excluding inventory and pre-paid expenses, often used in calculating liquidity measures.
Current Liabilities
Financial obligations that a company is required to pay within one year or within its current operating cycle.
Percent Change
A mathematical calculation that shows how much something has increased or decreased in value or quantity over time, expressed as a percentage.
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