Examlex
Janice is opening a golf shop and is trying to identify how the company would gain revenue. What type of revenue stream could Janice's Golf Shop have?
Bond Discount
The difference between the face value of a bond and the price for which it is sold, when the bond is sold for less than its face value.
Operating Activities
Operating activities relate to the primary, day-to-day activities of a business such as selling products, manufacturing, and expenses related to administration.
Net Income
The total profit of a company after all expenses and taxes have been deducted from total revenue.
Income Statement
A financial statement that shows a company's revenues, expenses, and net income over a specific period of time.
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