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Simplify the exponential expression. Write the result using only positive exponents.
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Inventory Turnover
A measure of how many times a company's inventory is sold and replaced over a specific period, indicating efficiency in managing stock.
Inventory
The total amount of goods and materials a company has in stock, including raw materials, work-in-progress, and finished goods.
Beginning Inventory
The price of items on offer for purchase at the onset of an accounting cycle.
Markup
An addition to the purchase cost of items intended to cover both operational costs and generate a profit.
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