Examlex
The ultimate function of the circulatory system is accomplished by the heart.
Average Collection Period
The ratio of accounts receivable to daily sales. Also called days’ receivables.
Financial Statements
Documents that report the financial activities and condition of a business or entity, including the balance sheet, income statement, and cash flow statement.
After-Tax Profit Margin
A profitability ratio calculated by dividing net income after taxes by net sales, showing what percentage of sales translates into profits after all expenses.
Asset Turnover Ratio
A financial metric that measures the efficiency of a company in using its assets to generate revenue, calculated by dividing total revenue by average assets.
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