Examlex
Megatronic's criteria for rating suppliers include all of the following points except one point.Which point was not included?
Inventory On Credit
This refers to inventory purchased by a company for which payment is deferred to a later date, typically impacting the accounts payable.
Net Income
The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, also known as net earnings or net profit.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting liabilities, representing the owners' share.
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business, whichever is longer.
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