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Young Matthew is growing up in a neighborhood where most of the families are similar to himself-white, Jewish, and middle class. His parents are happy that he has such exposure to others who share their religious and cultural backgrounds, but they are concerned that he will develop prejudice toward people who are different than himself. Which of the following tips would you give them to reduce this concern?
Gross Cost
The total cost incurred before any deductions or allowances.
Operating Assets
Assets used by a company in its day-to-day operations to generate revenue, excluding investment and non-operational assets.
Return On Investment (ROI)
Net operating income divided by average operating assets. It also equals margin multiplied by turnover.
Depreciation
The systematic allocation of the cost of an asset over its useful life.
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