Match the Terms with the Definitions

question 65

Multiple Choice

Match the terms with the definitions.
-The length of time generally required for a business to buy inventory, sell it, and collect the cash.

• A)selling expenses
• B)quick assets
• C)average days to sell inventory
• D)book value
• E)property, plant, and equipment
• F)operating cycle
• G)quick ratio
• H)general expenses
• I)gross profit
• J)net sales
• K)multiple-step income statement
• L)inventory turnover
• M)liquidity

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Definitions:

Drinking Liquid

The act of consuming a fluid substance as part of hydration or during social occasions.

Public Transportation

A system of vehicular services including buses, trains, and subways, available to the public for commuting and traveling within and between urban areas.

Cultural Adaptation

The process of adjusting and acclimating to a new culture when living in it.

Disintegration

The process of breaking down into smaller parts or elements, leading to the loss of cohesion or unity.