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A major rationale for establishing majority-minority districts is that:
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.
Accounts Receivable Turnover
A financial ratio indicating how efficiently a company collects its accounts receivable, calculated as net credit sales divided by average accounts receivable.
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management and sales performance.
Average Collection Period
The average number of days it takes for a company to receive payments owed by its customers for goods or services sold on credit.
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