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For each historical identification question, define the term and briefly describe its historical significance.
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Market Price Per Share
The current price at which a single share of a company's stock is bought or sold on the market.
Return on Equity
A measure of financial performance calculated by dividing net income by shareholder's equity, indicating how effectively management is using a company’s assets to create profits.
Gross Margin
The difference between sales revenue and the cost of goods sold, representing the profit made before accounting for operating expenses.
Net Operating Income
The total profit of a business after operating expenses are subtracted from gross profit but before incomes and taxes are deducted.
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