Examlex
MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-An example of a portable audio player
Cash Receipts
The total amount of cash collected by a business during a period from its various sources.
Credit Sales
Transactions in which goods or services are provided to a customer with an agreement to pay at a later date.
Budgeted Sales
The sales numbers a company projects to achieve in a future period, usually part of financial planning and budgeting.
Gross Margin
The difference between the sales revenue and the cost of goods sold, which shows the profitability of a company’s core activities.
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