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Operating Income
Income generated from the core business operations of a company, excluding income from investments and expenses not related to the primary business activities.
Tax Rate
The percentage at which an individual or corporation is taxed, which can vary depending on the income or profit levels.
Intra-entity Transactions
Transactions that take place between two divisions or units within the same company, affecting only internal accounts.
Accrual-based Income
A method of accounting that records revenue when it is earned and expenses when they are incurred, regardless of when cash is received or paid.
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