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Jason is an information systems technician in a town in North Carolina with a population of 100,000. He receives an annual salary of $35,000. He recently found out that a nearby town with a similar population pays people in the same position $40,000 annually. With which form of equity is Jason most concerned?
Receivables
Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
Sales
The total amount of goods or services sold by a business within a certain period.
Total Assets Turnover Ratio
A financial metric that measures a company's effectiveness in using its assets to generate sales, calculated as sales divided by total assets.
Assets
Resources owned by a company that have economic value and can be converted into cash.
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