INVENTORY ACCUMULATION Definition

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INVENTORY ACCUMULATION is a buildup of inventory caused primarily by unplanned events, e.g., sales not meeting expectation.

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PRO-FORMA FINANCIAL STATEMENT is a financial statement projection that shows how an actual financial statement will look if certain specified assumptions are realized.

PROFIT is the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses).

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