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MATCHING Match the Person or Term with the with the Correct

question 71

Multiple Choice

MATCHING
Match the person or term with the with the correct description.
-George McClellan


Definitions:

Net Working Capital

The variance between a business's current holdings and outstanding debts, signifying the entity's short-term economic condition and operational competence.

CCA Rate

The Capital Cost Allowance rate, which determines the percentage of an asset's cost that can be claimed as depreciation for tax purposes in Canada.

CCA

Capital Cost Allowance; a tax deduction in Canada for the depreciation of tangible property.

Earnings Before Interest And Taxes

A measure of a firm's profit that includes all income and expenses except interest and income tax expenses.

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