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Which president proposed the Race to the Top program to provide competitive grants to schools, encouraging them to adopt better methods of teaching and assessment?
Operating Income
Earnings from a company's main business activities, excluding expenses like interest and taxes.
Operating Expenses
Operating expenses are the costs associated with running a company's core business operations, excluding the cost of goods sold, such as rent, utilities, and payroll.
Merchandising Business
A type of business that purchases goods and sells them at a higher price without changing their form.
Merchandising Income Statement
A financial statement that shows the gross profit, operating expenses, and net income of a company that buys and sells goods.
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