Examlex
What information did NASA's Earth-observing satellite, AQUA , collect to learn about Earth's water cycle?
Ending Inventory
The total value of all the goods a company has in stock at the end of a fiscal period, which is used to calculate the cost of goods sold.
Net Income
A business's remaining profit after taking away all costs and taxes from its generated revenue.
Overstates
The act of presenting values or figures in financial statements higher than they actually are, leading to a distorted view of a company's financial health.
Balance Sheet
A financial statement that displays a company's assets, liabilities, and equity at a specific point in time, providing a snapshot of its financial position.
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