Wsp crash course stuvia - Study guides, Class notes & Summaries
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WSP Crash Course In Accounting Correct Questions & Answers(Graded A+)
- Exam (elaborations) • 5 pages • 2023
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Working Capital - ANSWERSCurrent Assets - Current Liabilities 
 
Current Assets - ANSWERSCan be converted to cash withing a year; includes: cash, marketable securities, accounts receivable, inventory, prepaid expenses 
 
Current Liabilities - ANSWERSDue within a year; includes: accounts payable, accrued expenses, deferred revenue, short-term debt, and current portion of long-term debt 
 
Current Ratio - ANSWERSCurrent Assets / Current Liabilities; a financial ratio that measures working capital ...
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