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In an isolated system, entropy
Raw Materials
Basic materials and substances used in the initial production or manufacturing of goods.
Balance Sheet
A financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time.
Long-Term
Refers to assets, liabilities, or investments that are expected to be held or have an effect for a period exceeding one year.
Current
Pertaining to assets or liabilities expected to be consumed, sold, or settled within one fiscal year or the operating cycle, whichever is longer.
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