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What kinds of challenges does globalization pose for labor unions?
Asset Turnover
A ratio that determines the competence of an organization in using its assets to generate income from sales.
Book Value
The net value of a company's assets minus its liabilities, often used to assess its equity value.
Intangible Asset
An asset that is not physical in nature, such as patents, copyrights, trademarks, and goodwill.
Depreciation Expense
An accounting method of allocating the cost of a tangible asset over its useful life to represent how much of the asset's value has been used.
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