Examlex
Distinguish between continuous and intermittent manufacturing systems,providing examples of each.
Net Income
Profit after deduction of all operational, interest, and tax expenses.
Capital Account Balance
A measure of the financial value of a nation's assets minus liabilities in the capital account, reflecting changes like foreign investment.
Partnership Capital
The total funds contributed by the partners of a partnership firm, which are used in the business and represented on the firm's balance sheet.
Income-sharing Ratio
The predetermined proportion used to distribute earnings or losses among business partners or shareholders according to their agreement.
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