Examlex
In a circuit-switching network, no fixed path is created between the communicating devices, and the data is broken into packets for sending over the network.
Retained Earnings
The portion of net income which is retained by the corporation rather than distributed to its owners as dividends.
COGS
Cost of Goods Sold (COGS) refers to the direct costs associated with the production of goods sold by a company, including material and labor costs.
Gross Margin
Revenue less cost where cost is spending closely associated with production. Stated in dollars or as a percent of revenue. A fundamental measure of a business’s strength.
Net Income
The total profit of a company after all expenses and taxes have been deducted from revenues.
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