Examlex
The process of hydrogenation turns a solid fat into an oil.
Accounts Receivable Turnover
A financial ratio that measures how efficiently a company collects cash from its credit sales by dividing net credit sales by the average accounts receivable.
Inventory Turnover
A ratio showing how many times a company has sold and replaced inventory over a period.
Allowance For Doubtful Accounts
A contra-asset account that reduces the total receivables on the balance sheet by the amount expected not to be collected.
ROCE
Return on Capital Employed; a financial ratio that measures a company's profitability and the efficiency with which its capital is employed.
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