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2. Match the following definitions: (10p) ( The ability to convert an asset into cash quickly without a significant loss of its value. ( )

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2. Match the following definitions: (10p) ( The ability to convert an asset into cash quickly without a significant loss of its value. ( ) A noncash expense to allocate the cost of depreciable assets, such as plant and equipment, over the life of the asset. () Investors who own the firm's common stock () The difference between a firm's current assets and its current liabilities ( ) A statement in which the items are expressed as a percentage of total assets. (Note that only 5 of the choices to be matched) a) Accounts Receivable c) Assets turnover e) Common-sized Balance Sheet g) Common stockholders i) Depreciation Expense k) Earnings per share m) Inventory o) Net working capital 9) Receivables turnover s) Trade Credit b) Accrued Expenses d) Budgeted Expenses f) Common-sized Income Statement h) Cumulative Depreciation 1) Dividends 0) Liquidity n) Inventory turnover p) Paid in capital 1) Retained earnings t) Working capital

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