Examlex
Which of the following is NOT an element of descriptive statistical problems?
Payables Turnover
A financial ratio that measures how fast a company pays its suppliers, calculated as the cost of sales divided by average accounts payable.
Cash Cycle
The duration of time it takes for a business to convert its investments in inventory and other resources into cash flows from sales.
Receivables Period
The average number of days required for a company to receive payments owed by its customers for goods or services rendered.
Inventory Period
The average length of time items are held in inventory before being sold.
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