Examlex
A ________ is a business formed between two or more individuals directly.
Notes Receivable
Financial assets representing the right to receive payments from a debtor for a specified amount by a certain date.
Receivables Turnover
A financial ratio indicating how quickly a company collects outstanding accounts receivable.
Current Ratio
A liquidity ratio that measures a company’s ability to cover its short-term liabilities with its short-term assets.
Inventory Turnover
A ratio that measures how many times inventory is sold and replaced over a certain period, used to evaluate the efficiency of a company's inventory management.
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