Examlex
Cost-volume-profit relationships in a service company are measured with respect to customers and activities, rather than units of product.
Stockholders' Equity
Stockholders' Equity is the portion of a company's assets that belongs to shareholders after all liabilities have been subtracted, also known as shareholders' equity.
Net Operating Income
Earnings from a company’s primary business activities, discounting the effects of financing and tax considerations.
Residual Income
The net operating income that an investment center earns above the minimum required return on its operating assets.
Average Operating Assets
The average value of the assets used in the day-to-day operations of a business, calculated over a certain period of time.
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