Examlex
Which of the following is an advantage of prototyping?
Return On Assets
A financial ratio indicating how profitable a company is relative to its total assets, calculated by dividing net income by total assets.
Operating Cycle
The duration between a company's purchase of inventory and the collection of accounts receivable generated from sales of that inventory.
Accounts Receivable Period
The accounts receivable period measures the average number of days it takes for a company to collect payments after a sale has been made, indicating the efficiency of its credit and collection policies.
Receivables Period
The mean duration required for a company to collect payments from its customers for products or services supplied on credit.
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