Examlex
________________ is an activity aimed at making illegally obtained and untaxed funds appear legitimate.
Profit Margin
A financial ratio that shows what percentage of sales has turned into profits, indicating the efficiency of a company's cost management.
Accounts Payable
Accounts payable are amounts a company owes its suppliers or creditors for goods or services received that have not yet been paid for.
Depreciation
The process of allocating the cost of a tangible asset over its useful life, reflecting the decrease in value over time.
Net Income
The total profit of a company after all expenses and taxes have been subtracted from revenues.
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