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In the accompanying figure, arrow number 1 indicates which element of the chart?
General Electric
General Electric is a multinational conglomerate corporation operating in sectors like aviation, power, renewable energy, and healthcare.
Ending Inventory
The pricing of available merchandise at the termination of an accounting interval, computed by taking the starting inventory, adding buying costs, and subtracting the cost of goods sold.
Net Income
The total earnings of a company after all expenses and taxes have been subtracted from total revenue.
Direct Materials
The essential components or raw inputs used directly in the manufacture of goods, critical to the production process.
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