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Net Carrying Value
The current book value of an asset or company after subtracting total liabilities from total assets.
Bonus Compensation Plan
A reward system for employees based on performance, often seen as a way to incentivize exceeding targets or goals.
Income Taxes
Taxes imposed by a government on the income generated by individuals or entities, which can vary based on the income level and type.
Income Before Tax
The total earnings of a company before taxes have been deducted.
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