Examlex
Which of the following is an ethical practice in marketing research?
Receivables Balance
The total amount of money owed to a company by its customers for goods or services delivered or used but not yet paid for.
Accounts Receivable Turnover
This ratio measures how efficiently a company collects revenue from its customers by dividing total sales by the average accounts receivable during a specific period.
Credit Sales
Sales transactions where the payment is deferred to a future date, essentially extending credit to the purchaser.
Credit Period
The amount of time allowed by a seller for a buyer to pay for goods or services received, typically expressed in days.
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