TOTAL LIABILITIES & NET WORTH Definition

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TOTAL LIABILITIES & NET WORTH is the sum of all liability items and Net Worth.

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AGENCY is the relationship between a principal and an agent wherein the agent is authorized to represent the principal in certain transactions.

CASH DEBT COVERAGE RATIO is the ratio of net cash provided by operating activities to average total liabilities, called the cash debt coverage ratio, is a cash-basis measure of solvency. This ratio indicates a company's ability to repay its liabilities from cash generated from operating activities without having to liquidate the assets used in operations.

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