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A person with severe respiratory problems may be put on a ventilator and have oxygen supplied through a tube in the trachea. The oxygen must be "bubbled" through water to replace one of the functions of the upper respiratory tract.
Residual Income
The income that exceeds the minimum required return on investment or capital; often used in performance measurement and evaluation.
Minimum Required Rate
The lowest return on investment that a company or individual deems acceptable, often used in financial analysis and capital budgeting.
Operating Assets
Operating assets are the assets a company uses in its daily operations to generate revenue, such as inventory, property, plant, and equipment.
Net Operating Income
Refers to the profit realized from a business's operations after subtracting all operating expenses, excluding taxes and interest.
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