Examlex
Briefly explain the different types of employment tests.
Average Operating Assets
The average value of the assets used in the operations of a business over a specific period.
Net Operating Income
The total profit of a company after operating expenses are subtracted from gross profit.
ROI
Return on Investment, a performance measure used to evaluate the efficiency or profitability of an investment relative to its cost.
Contribution Margin Ratio
The percentage of sales revenue remaining after variable costs are subtracted, indicating how much contributes to covering fixed costs and generating profit.
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