Examlex
Match each statement to the item listed below
-Text on a computer that will lead you to other relevant references or material upon demand.
Retained Earnings
Net income that the corporation retains for future use.
Operating Expenses
Expenses incurred through the normal operations of a business, including rent, utilities, and salaries, but excluding costs of goods sold.
Vertical Analysis
A financial analysis method that lists each line item in a single period financial statement as a percentage of a base line figure.
Operating Expenses
The day-to-day costs involved in running a business, excluding the cost of goods sold.
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