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Even if a test is reliable and valid, it should not be used unless it has
Invested Assets
Items acquired or bought with the intention of earning income or profit.
Profit Margin
A financial metric displaying the percentage of revenue that remains as profit after all expenses have been deducted.
Operating Expenses
Costs related to the day-to-day operations of a business, excluding the cost of goods sold, such as rent, utilities, and payroll.
Cost Of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including the cost of the materials and labor directly used to create the good.
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