Examlex
In a slit lamp procedure, a low-powered microscope is used to view the lens of the eye.
Simple Rate Of Return
A straightforward method of calculating the return on investment by dividing annual incremental net operating income by the initial investment cost.
Cash Operating Costs
Direct costs associated with the day-to-day operations of a business, paid out in cash, including labor, materials, and overhead.
Automating
Refers to the use of technology to perform tasks with minimal human intervention, typically to improve efficiency and reduce costs.
Payback Period
The amount of time it takes for an investment to generate an amount of income or cash flow equal to the cost of the investment.
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