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Outline the basic assumptions of Merton's strain theory.Describe how Merton's original theory was applied to America to explain crime in that country.
Book Value
The net value of a company's assets minus its liabilities and intangible assets, often used to estimate a company's worth in liquidation scenarios.
Total Asset Turnover
A financial ratio that measures a company's efficiency in using its assets to generate sales or revenue, calculated as sales divided by total assets.
Net Sales
The sum of sales income remaining after subtracting the value of returns, allowances for damaged or missing items, and discounts.
Acquired Assets
Assets obtained through purchase or merger, typically contributing to the owner's financial position.
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