TOTAL CURRENT ASSETS Definition

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TOTAL CURRENT ASSETS is total of cash & equivalents, trade receivables, inventory and all other current assets.

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GAIN is: a. the amount by which the revenue of a business exceeds its cost of operating; b. rise in rate or price; c. earn on some commercial or business transaction; d. earn as salary or wages.

DOUBLE DECLINING BALANCE DEPRECIATION see DECLINING BALANCE DEPRECIATION METHOD.

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