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Zoya is teaching her dog to salivate every time she flashes a blue torchlight. To teach him to do this, she flashes the torchlight every time she gives him food. Later, he salivates on seeing the torchlight even when it is not paired with food. In this scenario, Zoya's dog salivating to the blue torchlight is an example of a(n) _____.
Net Income
The income a company retains following the deduction of all costs and taxes from its total earnings.
Goodwill
An intangible asset that arises when a company acquires another business for more than the value of its tangible and identifiable intangible assets.
Outstanding Voting Shares
The total number of shares of a corporation's stock that are currently owned by shareholders and have the right to vote.
Fair Value
An estimate of the price at which an asset or liability could be traded in a fair transaction between willing parties, neither under compulsion to act.
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