Examlex

Solved

When CTV Streams Its News Programs Directly on to Their

question 29

Multiple Choice

When CTV streams its news programs directly on to their web site, this is an example of


Definitions:

Owner's Drawings

The withdrawal of business assets by the owner for personal use, which reduces the equity of the owner in the business.

Gross Profit

The difference between revenue and the cost of goods sold before accounting for certain expenses.

Operating Expenses

Regular costs associated with operating a business, such as rent, utilities, and payroll.

Net Income

The final amount of profit a company declares after reducing its total revenue by the incurred taxes and expenses.

Related Questions