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Match Each Description with the Item Below

question 98

Multiple Choice

Match each description with the item below.
-Nancy Pelosi


Definitions:

Net Income

The amount of money a business keeps after deducting all expenditures and taxes from its overall revenue.

Average Number

A mathematical concept that represents the central or typical value in a set of numbers, calculated by dividing the sum of all values by the count of numbers.

Current Assets

Assets owned by a company that are expected to be converted into cash, sold, or consumed within a year or within the operating cycle.

Gross Profit

The difference between total revenue and the cost of goods sold, before deducting any selling, administrative, or other expenses.

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