Examlex
A field that has multiple values separated by commas is an example of a repeating group.
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set, assigning weights to some numbers more than others.
FOB Shipping Point
This term indicates that the buyer is responsible for the goods and their shipping costs as soon as the goods leave the seller's premises.
Net Income
The total earnings of a company after all expenses and taxes have been subtracted from total revenue.
Ending Inventory
The closing stock value, determined at the end of a financial period, is the sum of the initial inventory and acquisitions, less the cost of goods sold.
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