Examlex

Solved

On Record, the Hottest Year on Earth Took Place During

question 33

Short Answer

On record, the hottest year on earth took place during the year __________.


Definitions:

Payee

is the party in a financial transaction who receives the payment.

Maker

In the context of finance, a maker is typically a party that creates or executes an order, often in trading or banking environments.

Receivables Turnover Ratio

A financial ratio that measures how effectively a company uses its assets by comparing net credit sales with average accounts receivable.

Average Collection Period

The average number of days it takes for a business to receive payments owed by its customers for sales made on credit.

Related Questions