AOP Definition

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AOP is either Adjusted Operating Profit or Annual Operations Plan.

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RETURN ON INVESTED CAPITAL (ROIC) is a measure of how effectively a company uses the money (owned or borrowed) invested in its company operations. It is calculated by: net income after taxes / (total assets less excess cash minus non-interest-bearing liabilities).

FIELD TRIAL is a test of the performance of a new product under the conditions under which it is intended be used.

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