Company X sells widgets.The following information summarizes the company's operating activities for the year:
What is cost of goods sold?
Definitions:
Return On Investment
A financial ratio that calculates the profitability of an investment by dividing net profit by the initial cost of the investment.
Operating Assets
Assets used in the day-to-day operations of a business to generate revenue, excluding investment and non-operational assets.
Net Operating Income
A company's revenue minus its operating expenses, excluding taxes and interest, signaling its profitability from regular operations.
Throughput Time
The total time taken for a product to pass through a manufacturing process, from start to finish.
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