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Technician A says that it is a good idea to perform a test drive before attempting repairs. Technician B says that its a good idea to let the customer accompany the technician on the test drive. Which technician is correct?
Return on Assets
A financial ratio indicating how profitable a company is relative to its total assets, measuring how efficiently a company uses its assets to generate earnings.
Inventory Turnover
Inventory turnover is a ratio showing how many times a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.
Acid Test
A rigorous and conclusive test to prove the effectiveness or value of something.
Net Income
The total profit of a company after all expenses and taxes have been deducted from total revenue.
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