Examlex
Identify each of the acids as a strong acid or a weak acid.
-phosphoric acid
Aggressive Collection
A technique used by businesses to rapidly pursue the collection of outstanding receivables to improve cash flow and reduce delinquencies.
ACP (Average Collection Period)
The average number of days it takes for a business to receive payments owed by its clients, reflecting the effectiveness of a company's credit and collection policies.
Credit Terms
The conditions, including payment deadlines and interest rates, that a seller extends to a buyer.
Trade Credit
Short-term financing provided by suppliers, allowing buyers to purchase goods or services on account without immediate cash payment.
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