Examlex
When calculating return on total equity, it is normal to add back preferred dividends to net income.
Cost System
A method for accumulating and allocating costs to products or services.
Direct Materials
Raw materials directly used in the manufacture of a product and can be easily traced to the finished product.
Variances
Differences between planned or expected financial performance and the actual outcome.
Kilos
A kilo or kilogram is a metric unit of mass equal to 1000 grams, used worldwide for measuring weight.
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