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Identify/define and explain the significance of the following: Maria Theresa.
Internet Growth
The expansion and increase in usage, infrastructure, and capabilities of the internet across the world.
Collection Time
The average amount of time it takes for a business to receive payments owed by its customers after a sale has been made, indicative of a company's efficiency in collecting accounts receivable.
Short-term Securities
Securities that typically mature in one year or less, often used for investment with lower risk and short-duration goals.
Zero Balance Accounts
Bank accounts that automatically maintain a zero balance by moving funds from a master account in an amount only large enough to cover checks presented.
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