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How do the governor's informal powers support his or her formal power to deliver the State of the State message?
Average Collection Period
The average number of days it takes for a business to receive payments owed by its customers.
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a certain period, indicating the efficiency of inventory management.
Working Capital
A financial metric representing the operational liquidity available to a business, calculated as current assets minus current liabilities.
Current Ratio
A liquidity ratio measuring a company's ability to pay short-term obligations, calculated as current assets divided by current liabilities.
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