Examlex
________ are developed such that the distance between two retailers' positions on the map indicates how similar those stores appear, according to consumers.
Lockbox System
A service offered by banks to companies for the receipt of payment from customers, involving the collection of customers' payment checks through a special post office box.
Bank
A financial institution that accepts deposits, offers loans, and provides other financial services.
Average Daily Receipts
The average amount of cash flow received by a business per day over a defined period of time.
Collection Delay
The time lag between when a sale is made and when the payment is actually received, affecting cash flow.
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