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Match the Term with Its Definition

Question 23

Essay

Match the term with its definition.
a.Accrual-basis accounting
b.Cash-basis accounting
c.Current ratio
d.Financial statements
e.Liquidity
f.Operating profit margin
g.Return on assets
h.Return on equity
-A measure of a business's profitability relative to the amount of its assets, determined by dividing operating profits by total assets.

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