Examlex
The business planning process focuses on the:
Cost of Goods Sold
Expenditures directly linked to the production process of goods a company offers for sale, including labor and materials.
Short-term Creditor
An entity or individual that lends money with the expectation of repayment within a short period, typically within a year.
Acid-test Ratio
A financial metric that measures a company's ability to pay its current liabilities with its most liquid assets, excluding inventory.
Asset Turnover
A measure of how efficiently a company uses its assets to generate sales; computed by dividing net sales by average total assets.
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