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Describe the difference between a balance sheet and an income statement.
Sale Price
The final price of a product or service after any discounts or promotions have been applied.
Net Profit
The total earnings after all expenses and taxes have been subtracted from revenue.
Overhead Expenses
costs related to the day-to-day running of a business but not directly tied to producing goods or services.
Selling Price
The amount of money for which a seller offers a product or service to the buyer.
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