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Which of the following has only one single C-O bond?
Inventory On Credit
A business practice where goods are acquired without immediate payment, with the understanding that payment will be made at a later date.
Receivables Balance
The total amount of money owed to a company for goods or services delivered or used but not yet paid for by customers.
Average Daily Sales
The average sales generated per day over a specific period, useful for analyzing business performance.
Average Collection Period
The average amount of time it takes for a company to receive payments owed by its customers, indicating the efficiency of the company's credit and collection policies.
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