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What does the term non-rival mean?
Year-End Costs
Expenses or costs incurred by a business at the end of the fiscal year; these may include adjustments, accruals, and prep for financial reporting.
Inventory Cost Flow
An accounting method that determines the value of sold inventory and ending inventory, can be FIFO, LIFO, or Average Cost.
Net Income
The total profit of a company after all expenses and taxes have been subtracted from total revenue. It represents the company's bottom line.
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