Examlex
Simplify the rational expression.
Net Income
The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenues.
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that is becoming the global standard for the preparation of public company financial statements.
GAAP
Generally Accepted Accounting Principles, the standard framework of guidelines for financial accounting used in the United States.
Development Costs
Expenditures associated with the design, development, and enhancement of a company's products or services before commercial production.
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