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Sandra says in her speech about writing, "When I spoke to world-renowned author J.K. Rowling she told me, 'It is impossible to live without failing at something, unless you live so cautiously that you might as well not have lived at all, in which case you have failed by default.' This quote inspired me to keep writing." How would you characterize this statement?
Accounting Rate
Often referred to as the rate of return, it is a measure used in accounting to evaluate the profitability of investments or compare the efficiency of different investments.
Annual Average Investment
The average amount invested over a year, generally calculated to evaluate the efficiency or profitability of investments.
Projected Income Statement
A projected income statement is a financial statement that estimates a company's revenue, expenses, and net income for a future period.
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