UoP FIN/370 Word Scramble
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Term | Definition |
Sole Proprietorship | The sole proprietorship is a business owned by a single individual who is entitled to all the firm’s profits and who is also responsible for all the firm’s debt, that is, what the firm owes. |
Current Ratio | Current Liquid Assets / Current Short-term Liabilities |
Acid Test (Quick) Ratio | (Current Liquid Assets - Inventory) / Current Short-term Liabilities |
Created by:
ncarenza
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