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Identify and summarize three types of legal consciousness.
Sales
The total revenue earned from selling goods or services over a specific time period.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting its liabilities, representing shareholders' ownership interest.
Residual Income
The net income that an investment or business generates above the minimum required return, often used in performance evaluation.
Net Operating Income
The total profit of a company after operating expenses are subtracted from gross income, but before taxes and interest are deducted.
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