Examlex
Science is rooted in ______; that is, one must take steps to ensure that one's personal opinions or values do not bias or contaminate data collection and analysis.
Average Collection Period
The average time it takes for a company to receive payments owed by its customers.
Net Sales
Revenue from sales after deducting returns, allowances for damaged goods, and discounts.
Accounts Receivable
Amounts owed to a business by its customers for goods or services delivered on credit.
Allowance Method
An accounting technique used to estimate uncollectible accounts receivable and record bad debts expenses.
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