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There is evidence that the presence of unions in a labor market:
Profitability Ratios
Measures of a company’s overall financial performance by evaluating its ability to generate revenues in excess of expenses.
Inventory Turnover
Inventory turnover is a ratio showing how many times a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.
Return on Equity
A measure of the profitability of a business in relation to the equity, calculated as net income divided by shareholders' equity, expressing the company's ability to generate profits from its shareholders' investments.
Net Profit Margin
It is a financial metric that indicates how efficient a company is at generating profit compared to its revenue, expressed as a percentage.
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