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Which is the major product of the following reaction?
Average Sale Period
The average sale period is a financial metric indicating the average time taken to convert inventory into sales, also known as the inventory turnover period.
Balance Sheet
An accounting document that outlines a business's resources, debts, and stakeholders' equity at a designated time.
Sales On Account
Sales made on credit, where the buyer is allowed to pay at a later date.
Cost Of Goods Sold
The direct expenses incurred in the production process of goods a company retails, consisting of materials and labor.
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