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Please indicate the proper sequence of the acquisition cycle:
1. Approval of items for payment.
2. Authorized requisition for goods or services.
3. Cash disbursements.
4. Receipt of goods and services.
5. Authorized purchase of goods or services.
Debt
Money owed by one party, the borrower, to a second party, the lender; it is often represented by loans or bonds.
Capital Structure
The mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity which funds its overall operations and growth.
EPS
Earnings per share, a key indicator of a company's profitability, calculated as the company's net profit divided by the number of its outstanding shares.
DFL
Degree of Financial Leverage; a measure that shows how much a company's earnings per share (EPS) are affected by changes in its operating income, indicating the volatility of earnings.
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