Pluto Is No Longer Classified as a Planet;instead It Is

question 66

Short Answer

Pluto is no longer classified as a planet;instead it is now classified as a(n)____________________.

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Definitions:

Average Collection Period

The average number of days it takes for a company to collect its accounts receivable after a sale has been made.

Credit Terms

Conditions under which credit will be extended to a borrower, including repayment terms, interest rates, and due dates.

Emphasis on Collections

A focus or prioritization on the process of obtaining payments from customers or clients for goods or services provided.

Return on Sales Ratio

A financial metric that measures the portion of a company's revenue that is converted into profit.