Examlex
Explain what a credit union is and give an example of one.
Increase Borrowing
The act of obtaining more funds through loans, typically to support business operations or expansion.
Cash Cycle
The time between cash disbursement and cash collection.
Receivables Balance
The total amount of money owed to a company by its customers for goods or services delivered or used but not yet paid for.
Accounts Receivable Turnover
This ratio measures how efficiently a company collects revenue from its customers by dividing total sales by the average accounts receivable during a specific period.
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