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What is the role of technology in globalization?
COGS
Stands for Cost of Goods Sold and refers to the direct costs attributable to the production of the goods sold by a company.
Payables Turnover Rate
A liquidity metric that measures how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Accounts Payable Balance
The amount of money a company owes to its suppliers or creditors for goods and services purchased on credit.
Sales
The exchange of goods or services for money, representing the primary revenue source for most businesses.
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