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Describe the procedure used to define assumptions in Crystal Ball.
Ending Inventory
The total value of goods available for sale at the end of an accounting period, after factoring in purchases and costs.
Biodegradable Cleaning Product
A cleaning agent that can be decomposed by bacteria or other living organisms, reducing its impact on the environment.
December 31 Inventory
The value of all unsold inventory held by a company on the last day of the financial year, typically December 31st.
Long-term Liability Balances
Amounts owed by a business that are not due for payment within the next year, such as bonds payable, long-term loans, and lease obligations.
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