Examlex
EDI decreases _________.
Physical Inventory
The process of counting by hand the actual inventory of a business at a specific point in time.
Net Income
The net income of a business following the deduction of all costs, taxes, and expenses from its total earnings.
Gross Profit Rate
The gross profit rate is a financial metric indicating the percentage of revenue that exceeds the cost of goods sold, showcasing the efficiency of a company in managing its production costs.
Merchandise Inventory
Goods a company intends to sell in the normal course of business, tracked in an account for accounting and management purposes.
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