Leased Lines May Be a Good Option If There Is

question 7

True/False

Leased lines may be a good option if there is a large amount of traffic between a small number of locations.

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Definitions:

Prompt Payment

A financial discipline that involves settling debts quickly, often rewarded by suppliers with discounts.

Purchase Returns

Transactions where buyers return previously purchased merchandise to the seller, often because of defects or errors in the shipment.

Returns

The process of a customer returning previously purchased merchandise back to the seller, or the amount of profit generated from an investment.

Gross Margin Ratio

A financial indicator that calculates the disparity between sales and the cost of goods sold, represented as a portion of sales revenue.