Examlex
Which of these was a unique advantage that allowed DeCODE genetics to identify genes for dozens of human diseases?
Gross Profit
The difference between sales revenue and the cost of goods sold, showing the basic profitability of a company's core business activities.
Multiple-Step
An income statement format that separates operating revenues and expenses from non-operating ones to calculate net income.
Operating Expenses
Costs associated with the daily operations of a business, excluding cost of goods sold, directly related to generating revenue.
Nonoperating Activities
Nonoperating activities involve the revenues and expenses that are not related to the core operations of a business.
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