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The beliefs that guide our behaviors are our
Receivables Turnover Ratio
The Receivables Turnover Ratio measures how effectively a company collects its outstanding credit, calculated by dividing net credit sales by the average accounts receivable.
Notes Receivable
Financial assets representing amounts owed to a company, payable within a certain period.
Dishonoured
Pertains to a financial instrument, like a check or promissory note, that is not paid upon presentation due to insufficient funds or any other reason for non-payment.
Receivables Turnover Ratio
A financial metric that measures how effectively a company collects on its outstanding accounts receivable in a given period.
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