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Discuss the importance of privacy and security when considering electronic distribution methods.
Net Income
The profit a company generates after all expenses, taxes, and costs have been subtracted from total revenue, indicating financial health.
Income Tax Expense
The accounting term for income taxes due to federal, state, and local governments within a given fiscal period.
Cash Flow
The complete volume of cash flowing into and exiting a corporation, with a significant impact on its liquidity.
Operating Activities
Day-to-day business functions involved in running a company, typically reflected in the cash flow statement.
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