Examlex
What is the term that is used to describe a computer system that could store literary documents, link them according to logical relationships, and allow readers to comment and annotate what they read?
Consignment
A business arrangement wherein goods are left in the possession of an authorized third party to sell, but ownership remains with the supplier until items are sold.
Ending Inventory
The total value of all inventory held by a company at the end of an accounting period.
FOB Destination
A shipping term indicating that the seller is responsible for the freight and other shipping charges until the goods reach the buyer's location.
Net Income
The amount of earnings remaining after all expenses, including taxes and interest, have been deducted from total revenues.
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