Examlex
All personal property placed in service in 2016 and used in a trade or business qualifies for additional first-year depreciation.
Average Operating Assets
The average value of assets used in the company's operations, calculated over a specific period to assess asset utilization efficiency.
Net Operating Income
The profit generated from a business's normal core operations, excluding deductions of taxes and interest costs.
Turnover
The rate at which inventory is sold and replaced over a particular period, or the total sales volume.
Margin
The variance between the cost at which a product is sold and the expense incurred to create it, frequently conveyed as a proportion of the revenue.
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