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The larger the reserve requirement,the
Net Sales
The total revenue a company generates from sales after subtracting returns, allowances, and discounts.
Increase in Accounts Receivable
A situation where the amount of money owed by customers to a company grows due to sales on credit outpacing payments received.
Credit Sales
Sales made by a business where the payment is to be received at a later date, extending credit to customers.
Accounts Receivable
Money owed to a business by its clients or customers for goods or services that have been delivered but not yet paid for.
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