Examlex

Solved

Which Type of Businesses Earns the Majority of Profits in the United

question 249

Multiple Choice

Which type of businesses earns the majority of profits in the United States?


Definitions:

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a specified period, indicating the efficiency of inventory management.

Accounts Receivable Turnover

A financial ratio indicating how quickly a company collects on outstanding accounts receivable, calculated by dividing total net sales by the average accounts receivable during a period.

Cash Cycle

The amount of time it takes for a company to convert its investments in inventory back into cash through sales.

Inventory Turnover Rate

A metric that shows how many times a company's inventory is sold and replaced over a certain period of time.

Related Questions