Examlex
Use the first six terms to predict the limit of the sequence (assume begins with 1) .
Payroll Expense
The total amount of money a company pays to its employees as salaries and wages, including taxes and other deductions.
Depreciation Expense
The distribution of a physical asset's cost across its lifespan, mirroring its depreciation over time.
Tax Rate
The proportion of income or the value of a transaction that is collected by the government as tax, expressed as a percentage.
Net Income
The total profit of a company after all expenses and taxes have been deducted from total revenue, indicating the company's actual profitability.
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