Examlex
Which of the following statements accurately describes social stratification in the People's Republic of China?
Equipment
Tangible property other than land or buildings that is used in operations, such as machinery, computers, vehicles, and furniture.
Cost of Goods Sold
The outlays directly connected to the making of goods a company markets, comprising both material and labor expenses.
Net Income
The remaining income of a company after subtracting all costs and taxes from its total income.
Inventory
A collection of goods or materials a company holds for sale or production.
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