Examlex
Just reporting the results of hypothesis tests that show statistical significance but omitting those for which there is insufficient evidence in the findings is considered an ethical practice.
Operating Income
Income generated from normal business operations, calculated as gross income minus operating expenses.
Estimated Net Realizable Value
The estimated selling price of goods minus the costs of their completion and the costs required to make the sale.
Bad Debt Expense
Reflects the cost of accounts receivable that a company no longer believes it will collect, indicating the expected uncollectable amounts.
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