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    Exam 10: Understanding a Firms Financial Statements
  5. Question
    Match the Term with Its Definition
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Match the Term with Its Definition

Question 117

Question 117

Essay

Match the term with its definition.
a.Cost of goods sold
b.Current ratio
c.Debt ratio
d.Depreciable assets
e.Income statement
f.Interest expense
g.Inventory
h.Net fixed assets
-The cost of producing or acquiring goods or services to be sold by a firm

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