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Complete the following outline of the steps that fat goes through in extraction and refining.
-Refining
_________removes gums from oils.
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.
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Income Statement
A financial report that summarizes a company's revenues, expenses, and profits over a specific period, usually a fiscal quarter or year.
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