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Other things constant, which of the following would most likely cause the supply of garden hoses to decrease?
Net Operating Income
An indicator of a firm's earnings derived from its primary, ongoing business activities, not taking into account the subtraction of interest and taxes.
Retained Earnings
The portion of a company's profits that is saved or retained for reinvestment in the business, rather than being paid out as dividends to shareholders.
Direct Labor
The wages and other payroll costs of the employees who directly produce goods or services.
Work in Process
Inventory that includes materials that have been partially completed but are not yet finished goods.
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