The time span during which a company spends cash to acquire goods and services that it uses to produce the organization's output, which in turn is sold to customers, who in turn pay for their purchases with cash

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The Answer of The time span during which a company spends cash to acquire goods and services that it uses to produce the organization's output, which in turn is sold to customers, who in turn pay for their purchases with cash

The Time Span During Which a Company Spends Cash to Acquire