Examlex
Once a task has been assigned to a subordinate, the subordinate owes the manager
delegation.
span of control.
authority.
responsibility.
accountability.
Net Income
The sum a company retains as profit after removing costs, expenses, and taxes from its total income.
Retained Earnings
The portion of a company's profits that is kept or retained within the business instead of being paid out to shareholders as dividends.
Stockholders' Equity
The stake in a company's assets left over after all debts have been cleared, frequently called shareholders' equity.
Revenues
Income that a company receives from its normal business activities, usually from the sale of goods and services to customers.
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