In the accompanying image of Microsoft Excel 2016, box A points to an:
Definitions:
Service Company
A business entity that provides professional services or expertise instead of physical goods.
Net Income
The total earnings of a company after subtracting all expenses, taxes, and costs from its total revenue.
Merchandise
Goods that are bought and sold in business transactions, often referred to in the context of retail or wholesale trading.
Merchandise Inventory
The total value of a company's products that are currently unsold, crucial for retail and wholesale businesses.
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