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When Apple introduced the iPhone it did so to great fanfare.Many corporate users, however, found that it did not sync with their servers; many customers could not download from their company email accounts nor immediately activate their phones.Based on these examples, it would seem that Apple should have adopted more stringent __________ goals prior to the iPhone's release.
Cash Cycle
The period between the outlay of cash for goods and services and the cash recovery from sales.
Credit Sales
Sales made by a business where the payment is deferred to a later date, often involving credit terms.
COGS
Stands for Cost of Goods Sold and refers to the direct costs attributable to the production of the goods sold by a company.
Payables Turnover Rate
A liquidity metric that measures how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
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