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Explain how the terrorist attacks on 9/11 affected the role of the police.
Net Loss
The amount by which expenses exceed revenues, often deductible from other sources of income on a tax return.
Allocation Method
A system or formula used to distribute, divide, or allocated resources, expenses, or income among various accounts or entities.
Rental Income
Income earned from renting out property or equipment.
Fair Market Value
The price that property would sell for on the open market between a willing buyer and a willing seller.
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