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If you put on a puzzled look as a coworker tries to explain the company's new sick-leave policy,you are
Net Income
The profit of a company after all expenses, including taxes and costs, have been deducted from total revenue.
Net Profit
The actual profit after working expenses not included in the calculation of gross profit have been paid.
External Users
Individuals or entities outside a company, such as investors and creditors, who rely on financial information to make decisions.
Accounting Information
Data related to the financial transactions and status of an organization, used for decision-making, planning, and financial reporting.
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