Examlex
The cash conversion cycle (CCC)combines three factors: The inventory conversion period,the receivables collection period,and the payables deferral period,and its purpose is to show how long a firm must finance its working capital.Other things held constant,the shorter the CCC,the more effective the firm's working capital management.
Disposable Income
The total amount of money available to an individual or household for spending and saving after income taxes have been deducted.
Disposable Income
The income left over for personal spending after direct taxes have been subtracted from an individual’s gross income.
Consumption
The use of goods and services by households or individuals, typically relating to spending on products and services.
Permanent Income Hypothesis
A theory suggesting that a person's consumption at a point in time is determined not just by their current income but by their longer-term income expectations.
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