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Nitrification is characterized by all of the following EXCEPT:
Operating Expenses
Expenses incurred in the regular operation of a business, such as rent, salaries, utilities, and office supplies, but excluding cost of goods sold.
Profit Margin
A financial metric indicating the percentage of revenue that exceeds the costs of goods sold, essentially measuring how much out of every dollar of sales a company actually keeps in earnings.
Invested Assets
Resources or capital put into financial instruments, land, buildings, or other assets with the expectation of generating income or profit.
Operating Income
Income generated from a company's core business operations, excluding any profits or losses from investments and interest or taxes.
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