Examlex
What is the output of the following code?
Var x = [4,7,11];
X.forEach(stepUp) ;
Function stepUp(value,i,arr) {
Arr[i] = value + 1;
}
Cash Conversion Cycle
The cash conversion cycle measures the time it takes for a company to convert resource inputs into cash flows, indicating the efficiency of managing inventory and receivables.
Receivable into Cash
The process or activity of converting money that is owed to a company by its customers into actual cash, usually through collection efforts.
Excess Cash
Funds that exceed the normal operating needs of a company, which might be used for investments, acquisitions, or improving financial ratios.
Marketable Securities
Financial instruments that can easily be converted to cash due to their high demand and short maturity period.
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