Examlex
The phonics test in England is . . .
Turnover
Refers to the rate at which inventory is sold and replaced or the volume of business conducted within a specific period, often used in analyzing business efficiency.
Return On Investment
A measure of financial performance calculated as the net profit divided by the total investment.
Average Operating Assets
The average value of the assets used in the day-to-day operations of a business over a specific period.
Last Year's Margin
The difference between sales revenue and the cost of goods sold in the previous fiscal year, often used as a benchmark for financial performance.
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