Final answer:
Supply management actions impact the balance sheet by causing changes in inventory levels, accounts payable, and accounts receivable, reflecting the company's ability to efficiently manage production costs and supply.
Step-by-step explanation:
The impact of supply management actions on the balance sheet is measured by the changes in inventory levels, accounts payable, and accounts receivable. When a company manages its supply effectively, it can reduce the cost of inputs, handle effects of natural disasters, adopt new technologies, and navigate through the impact of government decisions. These actions jointly affect the cost of production and the quantity of goods the company is willing to supply at any given price. Efficient supply management can lead to optimized inventory levels, which reflects on the balance sheet as a balance between sufficient supply to meet demand and not so much that it ties up capital or risks obsolescence.