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Recent government statistics indicate that about 20 percent of the nation lives in poverty.
Consignment
A process where goods are sent by their owner to an agent for the purpose of sale, storage, or shipment.
FOB Destination
A shipping term indicating that the seller bears all costs and risks until the goods are delivered to the buyer's location.
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set, giving weight to some data points more than others.
Gross Profit
The financial metric calculated by subtracting the cost of goods sold from total sales revenue.
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