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The Intersection of Two Events a and B, Denoted by a ∩

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The intersection of two events A and B, denoted by A ∩ B, is the event consisting of all outcomes that are in A and B.


Definitions:

Accounts Receivable Turnover

Accounts receivable turnover is a financial ratio that measures how many times a business can collect its average accounts receivable during a period, indicating the efficiency of credit and collection activities.

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