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How does temperature relate to the speed of gas particles?
Income taxes
Taxes levied by governments on individuals or entities' income.
FIFO
Stands for First In, First Out, an inventory valuation method where goods purchased or produced first are sold or used first.
Gross profit
The difference between revenue and the cost of goods sold (COGS), representing the profit made before deducting operating expenses.
Net income
The profit of a company after all revenues, costs, and expenses have been subtracted, indicating the actual earnings.
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