Examlex
Which of the following is most clearly an explanation rather than an argument?
Days' Sales Uncollected
A financial metric used to determine the average number of days it takes for a company to collect revenue after a sale has been made.
Profit Margin Ratio
A financial metric that measures the percentage of profit a company makes for each dollar of sales, indicating the efficiency of the company in managing its operations.
Gross Margin Ratio
A financial metric expressing the difference between sales and the cost of goods sold as a percentage of sales.
Times Interest Earned
A financial ratio that measures a company's ability to meet its debt obligations by comparing its income before interest and taxes to its interest expenses.
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