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Grandparents' family watchdog role involves:
Net Income
The total earnings of a company after all expenses and taxes have been deducted from revenues.
Inventory Turnover
A metric that demonstrates the frequency at which a firm's stock is sold and replenished within a certain timeframe, highlighting the effectiveness of its inventory control.
Cost of Goods Sold
Costs incurred directly from the production process of goods a company offers for sale.
Accounts Receivable
Money owed to a business by its clients or customers for goods or services delivered but not yet paid for.
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