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  2. Current asset - Wikipedia

    en.wikipedia.org/wiki/Current_asset

    In accounting, a current asset is an asset that can reasonably be expected to be sold, consumed, or exhausted through the normal operations of a business within the current fiscal year, operating cycle, or financial year. In simple terms, current assets are assets that are held for a short period.

  3. Balance sheet - Wikipedia

    en.wikipedia.org/wiki/Balance_sheet

    In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.

  4. Term sheet - Wikipedia

    en.wikipedia.org/wiki/Term_sheet

    A term sheet is a bullet-point document outlining the material terms and conditions of a potential business agreement, establishing the basis for future negotiations between a seller and buyer. It is usually the first documented evidence of a possible acquisition . [ 1 ]

  5. End of the year business checklist: 7 tasks to do now - AOL

    www.aol.com/end-business-checklist-7-tasks...

    A balance sheet to track business assets, liabilities, and equity. An income statement that shows company profits. A loss statement that shows where you experienced financial loss.

  6. The Term Sheet handoff - AOL

    www.aol.com/finance/term-sheet-handoff-121214752...

    When I took over Term Sheet at the end of 2021, it was nearly impossible to keep up with all the IPO filings. As I step away, here I am documenting a trail of unicorn companies that have shut down ...

  7. Financial statement - Wikipedia

    en.wikipedia.org/wiki/Financial_statement

    Financial institutions (banks and other lending companies) use them to decide whether to grant a company with fresh working capital or extend debt securities (such as a long-term bank loan or debentures) to finance expansion and other significant expenditures.

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