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In empirical tests of the integrated theory proposed by Elliott and his associates, the strongest predictor of delinquency was:
Fixed Product Cost
Costs associated with production that do not change with the level of output, such as salaries of permanent staff and depreciation of machinery.
Straight Line Depreciation
A method of allocating the cost of a tangible asset over its useful life in equal annual amounts.
Net Income
The total profit or earnings after all expenses and taxes have been deducted from revenue.
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