Examlex
In 1998, a change in the approach to water quality was initiated by _________ with an emphasis on _________.
Operating Expenses
Expenses incurred from a company's operational activities, not including the cost of goods sold, typically including selling, general, and administrative expenses.
Gross Profit
The difference between revenue and the cost of goods sold, showing the basic profitability of a company’s core operations.
Stockholders' Equity
The value of a company's assets minus its liabilities, representing the ownership interest of the shareholders.
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