Examlex
The computer industry is an example of an industry with innovative activity characterized by zero economic profit.
Revenues
The income generated from normal business operations and includes discounts and deductions for returned merchandise.
Net Income
The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenues.
Monetary Unit Assumption
An accounting principle that assumes transactions and events can be expressed in monetary units.
Dollar Amounts
Units of currency used in financial transactions or accounting to represent values or costs.
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