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Financial Statements
Formal records of the financial activities and position of a business, individual, or other entity, typically comprising the balance sheet, income statement, and cash flow statement.
Compensating Balances
Minimum balance requirements imposed by banks on certain accounts, which businesses must maintain in order to receive some form of credit or service.
Prompt Payment Discounts
Incentives provided by sellers to encourage buyers to pay their invoices early.
Quantity Discounts
Price reductions offered to buyers purchasing in large volumes.
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