Examlex
The number of secondary, or lobar, bronchi is a distinguishing characteristic of the right and left lungs.
Effective Income Tax Rate
The average rate at which an individual or corporation is taxed, calculated by dividing the total tax expense by the taxable income.
Cash Dividends
Payments made by a corporation to its shareholders as a distribution of profits, typically in the form of cash.
Consolidated Income Tax Return
A single income tax return filed by an affiliated group of corporations, combining their tax liabilities.
Operating Income
Represents the profit a company makes after deducting operating expenses such as wages and cost of goods sold (COGS), but before interest and taxes.
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