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Accounts Receivable Turnover
A financial metric indicating how quickly a company collects on its accounts receivable.
Financial Statements
Papers that give a summary of a corporation's financial status, featuring the balance sheet, income statement, and statement of cash flows.
Service Fee
A charge imposed for the provision of a service, often additional to the regular cost of goods or services sold.
Perpetual Inventory System
An accounting method that continuously tracks inventory levels by adjusting them with each sale or purchase transaction.
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