Examlex
Every few years psychologists restandardize IQ tests to maintain a constant mean and distribution. If they had not done so, what would have happened to the mean IQ score of the population?
Days' Sales Outstanding
An indicator of how quickly a company collects cash from accounts receivable after a sale over a given period.
Accounts Payables
Short-term liabilities of a company, representing amounts owed to suppliers or creditors for goods and services received but not yet paid for.
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period.
GAAP
Generally Accepted Accounting Principles, a common set of accounting rules and standards used in the United States for financial reporting.
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