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Match the Term with Its Definition

Question 47

Multiple Choice

Match the term with its definition.
-Borrowed money that must be repaid within 12 months


A) accounts payable (trade credit)
B) accounts receivable
C) accumulated depreciation
D) common stock
E) current assets (working capital)
F) current debt (short-term liabilities)
G) current ratio
H) fixed assets (property, plant, and equipment [PPE])
I) gross fixed assets
J) net fixed assets
K) other assets

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