Examlex
The minimum amount of desired divisional operating income is set by top management by establishing a minimum rate of return considered acceptable for invested assets.
Property Taxes
Taxes paid by property owners based on the assessed value of their real estate, typically levied by local governments.
Oversized
Describes an item, position, or trade that is larger than the normal or usual size; often used in finance to refer to large positions.
Production Equipment
Tools and machinery used in the manufacturing process to produce goods and services.
Net Working Capital
A measure of a company's short-term financial health, calculated as current assets minus current liabilities.
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