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MATCHING
Identify the letter of the choice that best matches the tools listed above.
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Operating Income
Earnings before interest and taxes (EBIT), calculated by subtracting operating expenses from gross profit.
Operating Cycle
The average time period between purchasing goods for inventory and receiving cash from selling those goods.
Accounts Receivables
Sums due to a company from its customers for products or services rendered but not yet compensated for.
Investing Activity
Operations concerning the buying and selling of long-term assets and other financial investments that do not qualify as cash equivalents.
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