Examlex
Unlike supernovae, novae can explode more than once, increasing their luminosity bythousands of times.
Gross Margin
Gross Margin is a company's revenue from sales minus its cost of goods sold, indicating the efficiency of its production process and pricing strategy.
Operating Expenses
Costs associated with running the day-to-day operations of a business, excluding the cost of goods sold.
Net Income
The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicating the company's financial performance over a specific period.
Single-Step Income Statement
A simplified financial statement format that sums all revenues and subtracts all expenses, displaying only a single step to arrive at net income.
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