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Axle Co.'s accounts receivable turnover was 9.9 for this year and 11.0 for last year.Betterman's turnover was 9.3 for this year and 9.3 for last year.These results imply that:
Government Prosecution
The process by which a governmental authority charges an individual or entity with a crime and pursues formal charges in a court of law.
Private Investor's Suit
Legal action initiated by a private investor rather than a regulatory agency, typically involving securities fraud or violations of securities laws.
Initial Public Offering
The first sale of a company's shares to the public, leading to a public listing on a stock exchange.
Internet
A vast network of computers globally connected that facilitates data exchange and communication.
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