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The table below shows total output for an economy over 2 years. TABLE 20-5 Refer to Table 20-5.The nominal Gross Domestic Product in 2019 was
Adjustments
Modifications made to financial statements or data to correct inaccuracies or allocate revenues and expenses.
Free Cash Flow
The cash a company generates after accounting for cash outflows to support operations and maintain its capital assets, indicating the financial health and profitability of a company.
EBIT
Earnings Before Interest and Taxes, a measure of a company's operating performance that excludes interest and income tax expenses.
Working Capital
Working capital is the difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of a company.
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