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According to world systems theory,most low-income countries in Africa and South America are nations that are dependent on other nations for capital,have little or no industrialization,and have uneven patterns of urbanization.
Asset Turnover
Asset turnover is a financial ratio that measures the efficiency of a company in using its assets to generate sales or revenue.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, representing the wear and tear or obsolescence of the asset.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded against a fixed asset since it was put into use, reducing its book value on the balance sheet.
Asset Turnover
A financial ratio that measures how efficiently a company uses its assets to generate sales, calculated by dividing total revenues by average assets.
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