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_________is the process of finding qualified customers.
Prepaid Expenses
Assets representing payments made in advance for goods or services to be received in the future.
Total Current Assets
The sum of all assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business.
Receivables Turnover Ratio
A financial metric indicating how efficiently a company collects its receivables, calculated by dividing net credit sales by the average accounts receivable.
Credit-Granting Policies
Guidelines established by lenders to determine the criteria and conditions under which credit is extended to borrowers.
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