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You should express kindness to others with both your words and body language.
Current Assets
Assets expected to become cash in less than one year. Current assets are largely cash, receivables, and inventories.
Current Liabilities
Financial obligations a company is due to pay within one year or within its operating cycle if longer than a year.
EOQ Model
Economic Order Quantity Model; a formula used to determine the optimal order quantity that minimizes total inventory costs.
Annual Ordering Cost
The total expenses associated with placing orders for goods or inventory over the course of a year.
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