Examlex
A decline in the level of working capital will:
Supplies
Materials and goods held for use in the production process or office operations, often considered short-term assets in financial accounting.
GST and PST
Taxes applied to the sale of goods and services; GST is a federal tax in Canada, while PST is a provincial sales tax.
Sold
The act of exchanging a product or service for money or other consideration.
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set, assigning weights to each number.
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