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Which of the following are not contractual savings institutions?
Inventory Turnover
A metric indicating the number of times a business's stock is sold and replenished during a specific timeframe.
Net Sales
Sales revenue minus deductions for returns, allowances for damaged or missing items, and discounts.
Semiannually
Occurring twice a year or every six months, often used in the context of payments, interest accrual, or reporting periods.
Average Inventory
An accounting measure used to estimate the value or quantity of inventory over a period, typically calculated as the sum of the starting and ending inventory divided by two.
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