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Natural Resources
Assets that occur in nature, such as minerals, timber, and water, which can be used to produce goods and services.
Research and Development
Activities undertaken by a company to innovate and introduce new products or services, often involving experimental or theoretical work.
Fixed Asset Turnover
A financial ratio that measures a company's efficiency in using its fixed assets to generate sales.
Accelerated Depreciation
A depreciation method that allows for a higher depreciation charge in the early years of an asset's life and less in the later years.
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