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Irene conducts a laboratory experiment to test the memory of children. She rapidly reads out a list of colors to three children aged 4, 6, and 13 years. The children are then asked to repeat the names of the colors. Irene notices that the 6-year-old and the 13-year-old are able to recall more colors than the 4-year-old. This experiment illustrates that
Decision
The act of making a choice or coming to a conclusion.
Investment Turnover
A financial ratio that measures how effectively a company uses its assets to generate sales revenue; a higher turnover indicates better performance.
Profit Margin
The ratio of net income to revenue, indicating how much profit is generated per dollar of sales.
Return on Investment
A financial metric used to assess the profitability or efficiency of an investment, calculated by dividing the benefit (return) of an investment by the cost of the investment.
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