Examlex
The higher the debt ratio,the lower the risk of default.
Finished Goods Units
Products that have completed the manufacturing process and are ready to be sold to customers.
Sales Budget
A detailed projection of anticipated sales, used for planning and managing resources in a business.
Optimistic Sales Budget
A sales budget that is prepared with the expectation of achieving the best-case scenario in sales volume and revenue.
Excessive Inventories
Situation where a company holds a larger quantity of inventory than necessary, which can tie up capital and increase holding costs.
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