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Match the term with its definition.
a.Cost of goods sold
b.Gross profit
c.Long-term notes
d.Net profits
e.Operating profits
f.Profit margins
g.Profits before taxes
h.Total asset turnover
-Earnings after operating expenses and interest expenses but before taxes
Advertising
A marketing communication that employs an openly sponsored, non-personal message to promote or sell a product, service, or idea.
Marginal Revenue
The rise in income generated by the sale of an extra unit of a product or service.
Total Revenue
The total income generated by a firm from selling its goods or services before any costs or expenses are deducted.
Output
The total amount of goods or services produced by a firm, industry, or economy over a specific period.
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