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The lithosphere is composed of the
Owner's Drawings
The amount of money taken from the business by the owner for personal use, not considered a business expense.
Sales Revenue
A company's total income from product sales or service charges prior to the deduction of any operational expenses.
Gross Profit Rate
A profitability ratio that compares gross profit to net sales, reflecting the efficiency of a company in managing its production and labor costs.
Multiple-Step Income Statement
An income statement that separates operating revenues and expenses from non-operating items to display key components of net income.
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