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Business, 15.07.2019 04:00 elysabrina6697

which one of these is a correct definition? current liabilities are debts that must be repaid in 18 months or less. current assets are assets with short lives, such as inventory. long-term debt is defined as a residual claim on a firm's assets. tangible assets are fixed assets such as patents. net working capital equals current assets plus current liabilities.

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