Examlex
Which of the following is correct ?
Operating Income
The profit earned from a firm's core business operations, excluding deductions of interest and tax.
Depreciation And Amortization
Accounting techniques that gradually reduce the value of a company's tangible and intangible assets over time.
Non-Callable
A term referring to a bond or other fixed-income security that cannot be redeemed by the issuer before its maturity date.
Long-Term Debt
Debt obligations that are due in more than one year, used by businesses and governments to finance their operations.
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