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The kind of intelligence that produces high IQ scores is highly heritable.
Annual Fixed Costs
Costs that do not vary with the level of production or sales volume within a certain range and time period, such as rent, salaries, and insurance.
Turnover
A financial metric indicating the rate at which a company's inventory or assets are replaced through sales in a given period.
Minimum Required Rate
This is the lowest rate of return or interest rate that investors are willing to accept for investment in a project, often influenced by risk and market conditions.
Net Operating Income
The profit realized from a business's operational activities, after deducting operating expenses but before interest and taxes.
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