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Match the Terms with the Definitions

Question 28

Multiple Choice

Match the terms with the definitions.
-Current assets divided by current liabilities.


A) accounts receivable turnover
B) average collection period
C) reversing entry
D) return on owner's equity
E) current assets
F) current liabilities
G) current ratio
H) post-closing trial balance
I) Mortgage Payable
J) income from operations
K) interstatement analysis
L) mortgage
M) long-term liabilities

Correct Answer:

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