While Having Lunch with a Client,what Should You Do with the Business

question 22

Essay

While having lunch with a client,what should you do with the business papers you brought to discuss? Why?

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Definitions:

Retained Earnings

Profits that a company keeps or retains after paying out dividends to shareholders, used to reinvest in the business or pay down debt.

Operating Expenses

Expenses that a company incurs during its normal business operations.

Cost of Goods Sold

Direct expenditures related to the production of a company's goods, comprising both materials and labor.

Retained Earnings

The portion of a company's profit that is held or retained and saved for future use, investment, or debt repayment, rather than being paid out to shareholders.