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The Relationship Between Two Measurable Factors Can Be Represented by a Graph

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The relationship between two measurable factors can be represented by a graph. If both values increase, they are considered to have a direct relationship. For example, the more you work, the more money you make. If one value increases while the other decreases, they have an inverse relationship. For example, the more you work on your golf swing, the lower your score will be. Scott Ryan, Earth Science


Definitions:

Merchandise Purchases

The acquisition of goods for resale, typically in a retail or wholesale business setting.

Cost of Goods Sold

The expenses directly tied to the creation of the products sold by a business.

Collections

The process of pursuing payments of debts owed by individuals or businesses, typically involving accounts receivable.

Accounts Receivable

The money owed to a company by its customers for goods or services delivered but not yet paid for.

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