Exam 12: The Role of Accounting in Business

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A ratio analysis is a technique for financial comparison that shows the relationship between two numbers.

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Holt Industries Ltd. has a(n) _____ loan that's payable in one year.

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The key to surviving in business is generating cash to keep operating.

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The principle of _____ explains that a company makes money when it sells inventory and that the faster it sells it, the more money it makes.

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