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Figure 6
-Refer to Figure 6(a) . The circuit is
Interest Revenue
Income earned from lending money or investing in interest-bearing financial instruments, recorded in the income statement.
Average Collection Period
The average time it takes for a company to receive payments owed by its customers.
Net Sales
Revenue from sales after deducting returns, allowances for damaged goods, and discounts.
Accounts Receivable
Amounts owed to a business by its customers for goods or services delivered on credit.
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