Examlex
Charles Spearman believed that intelligence is composed of:
Sales
Sales refer to the transactions where goods or services are exchanged for money, representing the primary source of revenue for most businesses.
Receivables Period
The average time a business spends waiting for its customers to settle their dues.
Credit Sales
Sales for which payment is not received immediately, but the buyer is extended credit to pay at a later date, affecting a company's cash flow and revenue recognition.
COGS
Cost of Goods Sold, which refers to the direct costs attributable to the production of the goods sold by a company.
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