Examlex
In countries with low inflation:
Construction Purchased Saws
The acquisition of saws for the purpose of using them in construction projects, considered a capital expense.
Preferred Customer
A customer who receives special benefits or discounts due to their status or purchasing history with a company.
Gross Profit
The difference between revenue and the cost of goods sold before deducting overhead, payroll, taxation, and interest payments.
Mark-up
The sum added onto the goods' cost price to account for overhead expenses and profit, which establishes the selling price.
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