Examlex

Solved

How Did the Aztecs', Mayans', and Incas' Commercial Practices Influence

question 2

Multiple Choice

How did the Aztecs', Mayans', and Incas' commercial practices influence the development of their transportation systems?


Definitions:

Days' Sales In Receivables

A financial ratio that measures the average number of days it takes a company to collect payment after making a sale.

Sales On Account

Transactions where the buyer purchases goods or services on credit, with an agreement to pay at a later date.

Accounts Receivable

Funds that clients or customers are yet to pay to a company for products or services that have already been provided or utilized.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity.

Related Questions