Examlex
What are anticipation inventories and why are they used?
Prospective Buyer
A potential customer who has demonstrated interest in purchasing a product or service, but has not yet completed the transaction.
Tangible Assets
Physical items of value owned by a company, such as machinery, buildings, or land.
Intangible Assets
Non-physical assets of a business such as intellectual property, brand value, and goodwill that have value but are not physical objects.
Income Potential
The maximum amount of money someone can earn or a business can generate under current conditions.
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