Examlex
What is the term for the smallest language unit that has meaning?
Prompt Payment Discount
A reduction in the amount due on a bill offered by a seller to encourage early payment by the buyer.
Operating Cycle
The total time it takes for a company to purchase inventory, sell the products, and collect the cash from the sales.
Cash Cycle
The period it takes for a company to convert its investments in inventory and other resources into cash flows from sales.
Inventory
The total amount of goods and materials held by a company intended for sale or production.
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