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In PERT,the Most Likely Completion Time of an Activity Is

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In PERT,the most likely completion time of an activity is used to represent that activity's time within a project.


Definitions:

Invested Assets

Invested assets refer to resources or capital that have been allocated to investments, including stocks, bonds, real estate, or other financial assets, aimed at generating future returns.

Sales

How revenue from the sale of merchandise is recorded; the total amount charged customers for merchandise sold, including cash sales and sales on account.

Investment Turnover

A ratio that measures the efficiency of a company in generating sales or revenue from its invested assets.

Profit Margin

The ratio of net profits to revenues for a company, indicating the efficiency at which it can convert revenue into profit.

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