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Emotions can be contagious in the workplace,and fear of the unknown can influence people to act in irrational ways.
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set.
Specific Identification
An inventory costing method that tracks the exact cost of each individual item in inventory to determine cost of goods sold.
Estimated Gross Profit
An expected amount of profit calculated by subtracting the estimated cost of goods sold from the estimated total sales revenue.
Sales Totaled
This term refers to the aggregate amount of revenue generated from the sale of goods or services over a specific period.
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