Examlex
Akira has declared psychology as his major. He will be studying:
Operating Expenses
Operating expenses are the costs associated with running a business's core operations on a daily basis, including rent, utilities, and payroll.
Mark-up
A supplementary percentage of the cost price of products designed to account for overhead costs and profit margins.
Profit or Loss
The financial outcome of a business or investment, determined by subtracting expenses from revenue, indicating either earnings (profit) or shortfall (loss).
Outstanding Balance
The amount of money owed that remains in a borrower's account that has not yet been paid.
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