STOCK OPTION is a contractual right granted by a company to the named holder of the option the right to purchase the companys stock at a fixed price stated on the stock option within a specified period of time. If the stock option is not exercised within the specified period of time, then the contractual right lapses.
SAMPLING RISK is the possibility that conclusions drawn from the sample may not represent correct conclusions for the entire population.
PAYABLES TURNOVER is calculated: Payables Turnover = Purchases / Payables.
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