Graph 2-2 
-Refer to Graph 2-2.In the circular-flow diagram shown, which arrow shows the flow of spending by households?
Definitions:
Accounts Payable
The amount of money a company owes to its suppliers or creditors for goods and services purchased on credit.
Working Capital
The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the business.
Cost of Trade Credit
The effective interest rate associated with taking discounts offered by suppliers for early payment or the cost of forgoing those discounts.
Net 30
A payment term indicating that full payment is due within 30 days of the invoice date.
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