Examlex
Solve the equation.
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Net Sales
The sum of sales income left over after subtracting returns, compensations for damaged or missing items, and price reductions.
Accounts Receivable
Money owed to a business by its customers for goods or services delivered but not yet paid for, often considered as an asset on the balance sheet.
Days' Sales Uncollected
A financial metric that measures the average number of days it takes for a company to collect payments from its credit sales.
Cash Receipts
The collection of money, including coins, notes, checks, and electronic transfers, received by a business during a given period.
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