Examlex
Which of the following is the best analogy for Hubble's law of recession of the galaxies?
Cash Collections
are the payments received by a company from its customers in exchange for goods or services sold on credit.
Cumulative Surplus
The total amount of net income that a company retains over its life, after distributing dividends to shareholders.
Minimum Cash Balance
Minimum Cash Balance is the lowest amount of cash that a company seeks to maintain in its accounts to ensure financial stability and meet immediate operational needs.
Credit Sales
Sales in which the customer is allowed to pay at a later date, typically used to increase sales volume.
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