Examlex
Functional status includes the following EXCEPT:
Current Ratio
A financial indicator used to assess whether a company can handle its obligations in the short term, calculated by the ratio of current assets to current liabilities.
Acid-Test Ratio
A liquidity metric that measures a company's ability to pay off its current liabilities with its quick assets without relying on inventory sales.
Times Interest Earned
A financial metric that measures a company's ability to meet its debt obligations by comparing its interest expenses to its earnings before interest and taxes (EBIT).
Working Capital
The difference between a company's current assets and current liabilities, indicating the short-term liquidity and operational efficiency.
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