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Describe procedures for implementing both managed care and insurance plans
Net Income
The net income of a business once all costs and taxes are deducted from the overall revenue.
Goodwill
An intangible asset that arises when a business is purchased for more than the fair value of its net identifiable assets.
Rate of Return
A measure of the profitability of an investment expressed as a percentage of the original investment.
Patent Application Costs
Expenses incurred during the process of applying for a patent, including legal, filing, and administrative fees to protect intellectual property.
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