Examlex
Which one of the following is not part of the process of developing industry scenarios?
Accounts Receivable Period
The average number of days it takes for a company to collect payment from its credit sales.
Cash Cycle
The period between the outlay of cash for raw materials and receiving payment from customers for goods or services sold.
Inventory Period
The average time it takes for a company to sell through its inventory, calculated by dividing the total inventory by the cost of goods sold and then multiplying by 365 days.
Accounts Payable Period
The average time it takes for a business to pay off its suppliers and vendors.
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