Examlex
Match the following terms to their meanings and ideas.
-educational simulations
Selling And Administrative Expenses
Combined costs related to the selling of products and the administration of a business, excluding production costs.
Retention Ratio
The proportion of net income that is retained in the business rather than paid out to shareholders as dividends, indicating the amount reinvested in the company.
Interest Expense
This is the cost incurred by an entity for borrowed funds over a period of time, typically expressed as an annual percentage.
Cost Of Goods Sold
The direct costs attributable to the production of the goods sold in a company, including materials and labor.
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