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Like kinds of magnetic poles repel while unlike kinds of magnetic poles
Profitability
Refers to a company's ability to generate earnings over its costs and expenses within a specified time frame.
Absorption Costing
A costing method that includes all manufacturing costs—direct materials, direct labor, and both variable and fixed overhead—in the cost of a product.
Return on Investment
A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the return of an investment by its cost.
Markup Percentage
The percentage by which the cost of a product is increased to determine its selling price.
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