Examlex
In adolescents,regular use of alcohol has been shown to improve working memory.
Cost of Goods Sold
The direct costs attributable to the production of the goods sold by a business, including materials and labor costs.
Equity Method
An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and subsequently adjusted for the investor's share of the investee's profit or loss and dividends received.
Intra-entity Gross Profit
Profits resulting from transactions within the same entity, often requiring adjustment during the consolidation process for accurate financial reporting.
January 1 Retained Earnings
The amount of net income left over for a company from the previous fiscal year, reported at the start of the new year on January 1.
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