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Channel assembly, which sends components and modules to be assembled by a distributor, treats these distributors as manufacturing partners.
Income Ratio
A financial metric that measures the amount of income generated relative to another financial metric, such as sales or assets.
Net Income
The residual income of a firm after adding total revenue and gains and subtracting all expenses and losses for the reporting period, effectively the company's profit.
Subsidiary Ledger
A detailed ledger that contains the individual accounts related to a specific main account, aiding in the organization and breakdown of financial information.
Balance Sheet
A ledger entry that captures the financial position of a business, enumerating assets, liabilities, and the stake of shareholders at an exact moment.
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