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Which of the following is part of the light reaction?
Grants Credit
The offering of deferred payment terms or a line of credit to a buyer for the purchase of goods or services.
Cash Increase
An upward movement in a company's cash balance, indicating improved liquidity or additional inflow of money.
Operational Cycle
The period between the acquisition of inventory by a company and the collection of payments for the goods or services sold.
Accounts Payable Period
The time between receipt of inventory and payment for it.
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