Examlex
During a training course an instructor invites learners to discuss how the training will benefit them. Which of the following BEST describes the skill demonstrated?
Bad Debts Expense
Bad debts expense represents the estimated amount of accounts receivable that a company does not expect to collect due to customers' inability to fulfill payment obligations.
Notes Receivable
Financial assets representing the right to receive payments from a debtor for a specified amount by a certain date.
Receivables Turnover
A financial ratio indicating how quickly a company collects outstanding accounts receivable.
Current Ratio
A liquidity ratio that measures a company’s ability to cover its short-term liabilities with its short-term assets.
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