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Refer to the diagram below,where the numbers next to the arrows refer to the number of days required for completion of the corresponding activity.What is the critical path?
Sales
Sales refer to the transactions where goods or services are exchanged for money, representing the primary source of revenue for most businesses.
Income Statement Data
Financial information that summarizes a company's revenues, expenses, and profits over a specific period.
Operating Expenses
Costs incurred in the day-to-day operations of a business, excluding direct material and labor costs related to the production of goods or services.
Cost of Goods Sold
The total cost associated with making or acquiring any goods sold during a reporting period, including material, labor, and overhead costs.
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