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Use the following to answer questions :
-logographic
Operating Cycle
Refers to the duration it takes for a company to buy goods or services, convert them into products, sell those products, and collect cash from the sales.
Effective Rate
The actual interest rate on an investment or loan, accounting for the effect of compounding over a given period.
Operating Loan
Loan negotiated with banks for day-to-day operations.
Bank
A financial institution licensed to receive deposits, offer loans, and provide various financial services, such as currency exchange and wealth management.
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