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Elongated states may suffer from poor internal communication and difficulty defending its borders.Which of the following is not an elongated state?
Cash Cycle
Also known as the cash conversion cycle, it measures the time it takes for a company to turn its inventory into cash flows from sales.
Accounts Payable Period
The Accounts Payable Period is the average time it takes for a business to pay off its creditors, indicating the efficiency of its payment process.
Use Of Cash
Describes how a business or individual allocates cash resources for various purposes.
Fixed Assets
Long-term tangible assets that are used in the operations of a business and are not likely to be converted to cash in the short term.
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