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Each year, the U.S. Army shoots an estimated 200 million rounds of lead bullets at target practice areas across the United States. Pentagon officials, in response to environmentalists' concerns over lead poisoning in the soil, have invested over $12 million to develop an environmentally safe tungsten bullet. This is an example of one of the outcomes of
Profit Margin
A financial metric indicating the percentage of income left over from revenues after accounting for costs and expenses.
Activity Base
A measure used to allocate costs to activities, such as units produced, hours worked, or miles driven.
Service Departments
Units within an organization that support other departments but do not directly contribute to profit, such as human resources and maintenance.
Investment Turnover
A measure of a company's ability to use its assets to generate sales or revenue, indicating how efficiently the investments are being used.
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