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In general, top-down change is easier to implement than bottom-up change because it provokes less resistance.
Operating Income
Profit realized from a business's core operations, excluding deductions of interest and taxes.
Income Tax Rate
The percentage of income that is paid to the government as tax.
Gain on Sale
The profit realized from the sale of an asset when it is sold for more than its carrying amount on the company's books.
Operating Income
The profit realized from a business's core operations, calculated by subtracting operating expenses from gross income.
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