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Operating Cycle
The period of time it takes for a business to purchase inventory, sell products, and receive cash from sales.
Average Payment Period
The average amount of time it takes a company to pay off its accounts payable.
Current Ratio
A company’s current assets divided by its current liabilities.
Long-Term Mortgage
A type of loan secured by real property that has an extended repayment period, typically ranging from 15 to 30 years.
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