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According to Balance Theory,balance Results in ________,While Imbalance Results in ________,And

question 19

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According to balance theory,balance results in ________,while imbalance results in ________,and nonbalance results in ________.


Definitions:

Payables Turnover Rate

An efficiency ratio that measures how quickly a company pays off its suppliers, calculated as cost of goods sold divided by average accounts payable.

Accounts Payable Balance

The total amount of short-term liabilities or obligations a company owes to its creditors or suppliers.

Sales

The total revenue generated from goods or services sold by a company during a specific period.

COGS

Stands for Cost of Goods Sold, which is the direct costs attributable to the production of the goods sold by a company.

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