Examlex
The income effect of a price change refers to the change in the quantity demanded of a good that results from a change in purchasing power as a result of the price change.
Net Sales
The revenue from the sale of goods or services after deducting returns, allowances, and discounts.
Accounts Receivable Turnover
A financial metric that measures how often a company collects its average accounts receivable balance within a period.
Accounts Receivable Turnover
A financial metric that measures how efficiently a company collects on its receivables or the speed of their credit sale conversions into cash.
Receivables Collected
The amount of money received from customers in payment of accounts receivable during a given period.
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