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Vertical equity holds that those with greater ability to pay should pay more.
Finished Product
A completed item that is ready for sale or has been sold.
Raw Material
The basic materials from which products are made, typically unprocessed or minimally processed resources.
Finished Product
Items that have completed the manufacturing process and are ready for sale to customers.
End-Of-Month Inventory
The total value of all inventory held by a company at the end of the month, including raw materials, work in progress, and finished goods.
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