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All of the following are true of British empiricists except
Operating Profit
Profit generated from a company's core business operations, excluding deductions of interest and taxes.
Net Profit
The financial gain achieved after subtracting all expenses, taxes, and costs from total revenue.
Net Income
The total earnings of a company after subtracting all expenses, taxes, and costs, indicating the company's profitability.
Depreciation
The accounting process of allocating the cost of tangible assets over their useful lives, reflecting wear and tear or obsolescence.
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