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Why would a firm establish a non-joint venture strategic alliance instead of a joint venture? What are the characteristics of a non-joint venture strategic alliance?
Invested Assets
Assets that are acquired for the purpose of generating income or appreciating in value, such as stocks, bonds, and real estate.
Operating Income
This is the income earned from normal business operations, excluding revenue from investments and other non-operational income.
Investment Turnover
A measure of a company’s efficiency in using its assets to generate sales or revenue, indicating how quickly investments are converted into income.
Profit Margins
A financial metric that assesses the percentage of profit made from sales after all expenses have been deducted.
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