Examlex
What is continuous improvement? How does it relate to total quality management?
Payables
Short for accounts payable; money owed by a company to its suppliers or creditors for products and services received but not yet paid for.
Fixed Asset Turnover Rate
A financial ratio that measures how effectively a company is using its fixed assets to generate sales.
Total Asset
The sum of a company's current and non-current assets, representing the company’s total owned resources.
Annual Sales
The total revenue a company generates from its operations over a one-year period.
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