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What best explains the increasing power of the vice president over time?
Total Asset Turnover
Total asset turnover measures how efficiently a company uses its assets to generate sales, calculated as sales divided by average total assets.
Inventory Turnover
A ratio indicating how many times a company's inventory is sold and replaced over a period, used to assess efficiency in managing and selling products.
Dividend Yield
An economic indicator revealing the yearly dividend payment of a company as a proportion of its share price.
Gross Margin Ratio
A profitability metric that measures the difference between revenue and the cost of goods sold (COGS), expressed as a percentage of revenue.
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