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Plants extract phosphate from the soil
FOB Destination
A shipping term indicating that the seller is responsible for the freight and other shipping charges until the goods reach the buyer's location.
Net Income
The amount of earnings remaining after all expenses, including taxes and interest, have been deducted from total revenues.
Ending Inventory
The total value of all goods available for sale at the end of an accounting period, calculated to evaluate stock levels and assess cost of goods sold.
Consignor
The party in a consignment agreement that provides goods to another party (consignee) to sell on their behalf, retaining ownership until the goods are sold.
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