Examlex
List one of the two factors that enabled Bernie Madoff to continue running his Ponzi scheme for more than 17 years.
Gross Profit
The financial gain made after subtracting the cost of goods sold from the total revenue generated from sales.
Accounts Receivable Turnover
A financial ratio that measures how frequently a company collects its average accounts receivable balance in a period.
Days' Sales
A measure of the average number of days it takes a company to collect revenue after a sale has been made, often used in understanding liquidity.
Average Accounts Receivable
The average amount of money owed to a company by its customers over a specific period.
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