Examlex
A rational function is a quotient of polynomial functions.
Cash Cycle
The duration of time it takes a company to convert its investments in inventory back into cash, taking into account the time needed to sell inventory, collect receivables, and pay bills.
Cash Cycle
The duration between the initial investment in inventory and receiving cash from sales of the inventory.
Accounts Payable Period
The average period it takes for a company to pay off its suppliers, calculated by dividing accounts payable by the average daily purchases.
Operating Cycle
The time period that starts with the purchase of raw materials and ends with the collection of receivables generated from sales, measuring how long it takes for a business to turn expenditures into cash from sales.
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