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What is experimentation? Explain its importance.
Net Operating Income
A financial metric that calculates a company's profit after operating expenses are subtracted from its operating income.
Operating Assets
Assets used by a business in its day-to-day operations to generate income, including property, plant, and equipment but excluding investments and non-operational assets.
Return On Investment
A measure used to evaluate the efficiency or profitability of an investment compared to its cost.
Operating Assets
Resources owned by a business that are used in its day-to-day operations to generate revenue, such as machinery, buildings, and equipment.
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Q24: What is experimentation? Explain its importance.
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