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While puberty is beginning earlier, it is also taking
Condensed Income Statement
A simplified financial statement summarizing a company's revenues, expenses, and net income, without detailed line items.
Net Income
The total earnings of a company after subtracting all expenses, taxes, and losses from total revenue.
Gross Profit
The difference between revenue and the cost of goods sold before deducting any selling, administrative, or other expenses.
Periodic Inventory System
An inventory system where inventory levels are updated at specific intervals rather than continuously, often requiring physical counts.
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