Examlex
Tables without repeating groups are said to be in first normal form.
Merchandise
Goods bought and sold by businesses in the course of their trade; often refers specifically to products sold by retail businesses.
Discount Period
The discount period is the time frame during which a payment can be made with a discount for early payment according to the terms of a sales agreement.
Operating Expenses
Costs associated with running a business’s core operations on a daily basis, such as rent, utilities, and payroll, excluding the cost of goods sold.
Net Income
Net income, also known as net profit, is the amount of earnings that remain after deducting all costs and expenses from total revenue.
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