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List and describe three factors that increase productivity growth.
Accounts Payable Balance
The total amount a company owes to its suppliers or creditors for goods or services received but not yet paid for.
Operating Activities
Transactions and other events that are not investing or financing activities which affect the operational inflows and outflows of cash.
Amortization
The process of spreading out a loan payment over multiple periods or the gradual write-off of an intangible asset over its useful life.
Intangible Assets
Non-physical assets owned by a company, such as patents, trademarks, goodwill, and copyrights, that are valuable but lack physical substance.
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