Examlex
Why is the indirect order of information used in bad-news letters?
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating efficiency in managing stock levels.
Current Ratio
A metric assessing how effectively a company can fulfill its short-term financial commitments with its assets on hand.
Acid-test Ratio
A stringent measure of liquidity that evaluates a company's ability to cover its short-term liabilities with its most liquid assets.
Receivable Turnover
A financial metric that measures how quickly a company collects payments from its customers by comparing sales to accounts receivable.
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