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What were the three key observations made by Darwin that allowed him to deduce that natural selection is a primary driver of evolution?
Single-Step Statement
An income statement format that sums up all revenues and subtracts all expenses together in a single step to compute the net income.
Multiple-Step Form
An income statement format that separates operating revenues and expenses from non-operating ones, highlighting multiple levels of income and expense details.
Calculating Ratios
The process of determining the relationship between two or more financial figures, used to assess the financial health, performance, and efficiency of an entity.
Gross Profit
The financial metric reflecting the difference between the revenue and the cost of goods sold (COGS), indicating how much the company earns from its core operations.
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