NET ASSETS Definition

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NET ASSETS is the difference between total assets and current liabilities including non-capitalized long-term liabilities.

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CERTIFIED PAYROLL REPORT means the record that a contractor or subcontractor engaged on a public work is required to submit to an awarding government body with a statement of compliance as required pursuant to regulations for each month in which the contractor or subcontractor employs one or more workmen in connection with the public work.

PFENNIG is a currency of Germany.

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