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The accompanying figure shows the parts of a box cornice. What is feature 5?
Accounts Payable Period
The average amount of time it takes for a business to pay off its suppliers after receiving goods or services.
Cash Disbursements
Payments in cash made by a business, including expenses, dividend payments, and investment purchases.
Sales
The total amount of goods or services sold by a company, constituting its main source of revenue.
Accounts Receivable Period
The average number of days it takes for a business to collect payments from its credit sales.
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