Examlex
An engineering company has developed a gadget to help families control the amount of time their children watch TV. What would be an example of a technological spillover in this case? Technological reasons aside, how could this engineering company prevent this kind of technological spillover from occurring?
Average Collection Period
The average number of days it takes for a business to receive payments owed by its customers, indicating the efficiency of the company's credit and collection policies.
Year 2
A term referring to the second year of a particular time frame, often used in financial and performance analysis.
Acid-Test Ratio
A financial metric used to determine a company's short-term liquidity position by comparing its most liquid assets (excluding inventories) to its current liabilities.
Year 2
Typically refers to the second year in a given context, such as the second year of operations, a financial plan, or a multi-year study.
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