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Retained Earnings
The portion of net income that is kept by a company rather than distributed to its shareholders as dividends, often used for reinvestment.
Retained Earnings
The portion of net income that is retained by a company rather than distributed to its shareholders as dividends.
Net Operating Income
The profit generated from a company's normal business operations, excluding non-operating income and expenses.
Materials Quantity Variance
Materials quantity variance is the difference between the actual quantity of materials used in production and the expected quantity, based on standard usage rates.
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