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Explain why snowshoes allow a person to walk on top of the snow without sinking in.
Total Assets
Total Assets are all the assets a company owns, including cash, inventory, property, and equipment, showcasing the entity’s financial standing.
Inventory Turnover
A ratio showing how many times a company has sold and replaced inventory over a period.
Profit Margin
A financial metric indicating the percentage of revenue that remains as profit after all expenses are subtracted from sales.
Inventory Turnover
A ratio indicating how often a company's inventory is sold and replaced over a period, highlighting efficiency in managing stock and sales.
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