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25. Definitions. Provide clear, concise answers for the following. 1. What are assets? 2. What are liabilities? 3. What is equity? 4. What are current

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25. Definitions. Provide clear, concise answers for the following. 1. What are assets? 2. What are liabilities? 3. What is equity? 4. What are current liabilities? 5. Explain what working capital is and how it is computed. 6. What are intangible assets? 7. What are current assets? 26. Terminologi

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