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10. Match the following definitions: (1) The ability to convert an asset into cash (2p each, total 20p) e ability to convert an asset into

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10. Match the following definitions: (1) The ability to convert an asset into cash (2p each, total 20p) e ability to convert an asset into cash quickly without a significant loss of its value O Raw materials, work in progress and finished goods held by the form for eventue V Expenses that have been incurred but neither the related invoice received not be A noncash expense to allocate the cost of depreciable assets, such as plant and equipment, over the life of the asset. by Money owed to suppliers for goods or services purchased U Investors who own the firm's common stock The difference between a firm's current assets and its current liabilities ( Cumulative undistributed profits le A statement in which the items are expressed as a percentage of total assets. Sales on credit divided by accounts receivable (Note that only 10 of the choices to be matched) a) Accounts Receivable s) Assets turnover 2) Common-sized Balance Sheet g) Common stockholders i Depreciation Expense k) Earnings per share mot Inventory o) Net working capital 9) Receivables turnover 8 Trade Credit by Accrued Expenses A) Budgeted Expenses f) Common-sized Income Statement h) Cumulative Depreciation it Dividends Liquidity n) Inventory turnover p) Paid in capital Retained earnings t) Working capital

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