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How does the declaration and payment of cash dividends affect the accounting equation?
Line Of Credit
An arrangement between a financial institution and a customer that establishes a maximum loan balance that the borrower can access.
Carrying Costs
The cumulative expenses associated with maintaining inventory, which encompass storage fees, insurance premiums, taxes, the decrease in value over time, and the costs related to missed opportunities.
Shortage Costs
Costs incurred when demand exceeds supply, leading to inventory shortages, potentially including lost sales, backorder costs, and customer dissatisfaction.
Stock Out Costs
The costs associated with running out of stock, including lost sales, diminished customer loyalty, and operational disruption.
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