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Dell computers is a manufacturer of computers. Dell accepts orders for computers online and ships the products to the customer. Depict the likely physical flow of materials in this case.
Net Income
The net income a company achieves following the deduction of all costs, taxes, and expenses from its total earnings.
Owner's Equity
The residual interest in the assets of the entity after deducting liabilities, representing the owners' share.
Liabilities
Financial obligations or debts that a company owes to external parties, which must be paid back in the future.
Owner's Equity
The residual interest in the assets of a company after deducting all its liabilities, representing the ownership interest of shareholders.
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