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Which of the following is a SMART objective?
Beginning Cash Balance
The amount of cash a company has at the start of a new financial period, carried over from the end of the previous period.
Cost of Goods Sold
The expenses incurred that are directly related to the manufacturing of products a company sells, including labor and materials.
Inventory Purchases
The process of acquiring goods or raw materials that a business holds for the ultimate goal of resale or production.
Merchandise
Products that are purchased and sold during business activities.
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