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Which of the following conditions does not characterize perfect property rights markets?
Shares Outstanding
The total number of shares of stock that have been issued by a company and are currently held by investors, including public shareholders and company insiders.
Profit Margin
An indicator of a company's profitability, measured by dividing net income by revenue, and expressing the result as a percentage.
Total Asset Turnover
A measure of how efficiently assets are employed by a company to generate revenue from sales.
Equity Multiplier
A financial ratio that measures a company's total assets financed by its shareholders' equity, indicating leverage level.
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