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Which of the following statements is FALSE regarding Grassroots CommunityOrganizing?
Receivables Turnover
A financial ratio that measures how efficiently a company collects debt from its credit sales, calculated by dividing net credit sales by the average accounts receivable.
Inventory Turnover Ratio
A measure of how quickly a company sells its inventory within a given period, calculated by dividing the cost of goods sold by the average inventory.
Credit Sales
Sales made by a business allowing the customer to pay at a later date, often tracked through accounts receivable.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations using its current assets.
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