Examlex
A moment of truth or service encounter is face-to-face interaction between the customer and a service provider.
Operating Cycle
The time period between the acquisition of inventory and the collection of cash from receivables, indicating the efficiency of a company's cash flow.
Cash Sales
Revenue received immediately in currency or by check at the time of sale.
Credit Sales
Sales made by a business where payment is delayed as per agreement, rather than requiring immediate payment in cash.
Acid-Test Ratio
A liquidity ratio that measures a company's ability to pay off its current liabilities with its quick assets.
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