Examlex
Match the following terms with their descriptions below.
-A number of organic substances necessary in trace amounts for normal growth, development, metabolism, and release of energy from food
Accounts Receivable
Funds that customers owe to a company for products or services received but not yet compensated for.
Accounts Payable
Money owed by a company to its creditors for goods and services received but not yet paid for.
Operating Cycle
The period of time it takes for a company to purchase inventory, sell products, and collect cash from customers, indicating the efficiency of a business's operations.
Inventory
Inventory comprises all the goods and materials held by a company for the purpose of resale or incorporation into their product.
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