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By the turn of the twentieth century, the population of the United States had shifted to three large racial and ethnic groups. These groups are
Goodwill
An intangible asset that arises when a buyer acquires an existing business, representing the premium paid over the fair market value of the identifiable assets and liabilities.
Cash Flow
A measure of the net amount of cash and cash-equivalents being transferred into and out of a business.
Merger
The process by which two or more companies combine their operations, typically to achieve synergies, expand their market reach, or enhance competitiveness.
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