Examlex
Please define the following key terms.
- Satyagraha
Cash Collections
The process of gathering all cash payments received from customers over a period.
Cost Of Installment Goods Sold
The cost attributed to products sold under an installment sales agreement, recognizing expenses as revenues are realized.
Inventory
Inventory refers to the goods and materials that a business holds for the ultimate purpose of resale or production.
Continuing Franchise Fees
Regular payments made by franchisees to the franchisor for ongoing support and the right to continue operating under the franchisor's brand and system.