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A company reported the following information in its 2014 annual report: What is the cash flow adequacy ratio for 2014?
Production Budget
An estimate of the total cost of production, including raw materials, labor, and overhead costs, for a specific period.
Finished Goods Inventory
The stock of completed products available for sale.
Unit Sales
The total quantity of an inventory item that a business sells to its customers within a specific period.
Credit Sales
Sales made on credit, which allow the buyer to pay the seller at a later date, typically recorded as accounts receivable.
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