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Which type of person was most likely to be enslaved in fifteenth-century West Africa?
Inventory Turnover
A ratio indicating how often a company sells and replaces its stock of goods during a period, calculated as cost of goods sold divided by average inventory.
Cost of Goods Sold
The exact costs incurred in the creation of a company’s sold goods, including the expenses for materials and labor.
Average Inventory
An estimation of the amount of inventory a company typically holds over a specific period, calculated as the average of the beginning and ending inventory.
Net Income
The company's net income, calculated by deducting all costs, taxes, and losses from its total revenue.
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