Match the term with its definition.
-Outstanding credit that is owed to suppliers
A) accounts payable (trade credit)
B) accounts receivable
C) accumulated depreciation
D) common stock
E) current assets (working capital)
F) current debt (short-term liabilities)
G) current ratio
H) fixed assets (property, plant, and equipment [PPE])
I) gross fixed assets
J) net fixed assets
K) other assets
Correct Answer:
Verified
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