Accounting / July 19, 2018 / Khloe Santiago
Working Capital Cycle or popularly known as operating cycle, is the length of time between the outflow and inflow of cash during the business operation. It is the time taken by the firm, for the payment of materials, wages and other expenses, entering into stock and realizing cash from the sale of the finished good.
A lease agreement is a legally binding contract between a landlord and a tenant. The tenant has agreed to occupy the property for a fixed term, usually a year. There are certain situations where a tenant can get out of this lease early without fear of penalty. Here are five times a tenant can legally break a lease.
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