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A famous video from the internet recounts a study where students are tossing a basketball around while a man dressed in a gorilla costume walks through their game.Amazingly, many people watching the video are completely unaware of the ape-like figure.This demonstrates a curious psychological phenomenon called ________.
Deferred Income Tax Asset
A balance sheet item that represents taxes paid or carried forward but not yet realized on the income statement.
Net Operating Loss
The deficit that occurs when a business's expenses exceed its revenues, excluding taxes and certain other expenses, over a fiscal period.
Future Profitability
An estimation or outlook on the capacity of a business to generate earnings in future periods, often considered for investments or strategy planning.
Deferred Tax Asset
A tax amount that is paid or carried forward, representing future tax savings due to overpayment or advance payment of taxes, or due to allowable temporary differences.
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