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Give the Meanings for the Following Abbreviations

question 95

Short Answer

Give the meanings for the following abbreviations.
-OU: __________


Definitions:

Net Income

The remaining income of a company after subtracting all costs and taxes from its total income.

Inventory

A collection of goods or materials a company holds for sale or production.

Consolidated Financial Statements

Financial reports that aggregate the financial position and operating results of a parent company and its subsidiaries.

Common Stock

A type of security that represents ownership in a corporation, granting the holder a share in the company's profits and losses.

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