​One Positive Aspect of Foggy Weather Is a Process Required

question 52

Short Answer

​One positive aspect of foggy weather is a process required by fruit and nut trees that have finished growing during the summer and fall. This process, called ____________________, is the number of hours with air temperature below 7^oC (45^oF) before trees will begin to grow again.

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Definitions:

Accounts Receivable

Funds that are due to a company from its clients for products or services delivered but for which payment has not been received.

Net Sales

The total revenue from goods or services sold by a company after deducting returns, allowances for damaged or missing goods, and discounts.

Receivables Turnover Ratio

An accounting measure utilized to quantify a firm's effectiveness in extending credit and collecting debts on that credit.

Bad Debt Expense

The cost recognized by businesses for accounts receivable that are not expected to be collected.