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In a short essay, compare the tasks, priorities, and responsibilities of first-line, middle, and top managers.
Net Income
The amount of profit that remains after subtracting all the costs, taxes, and expenses from total revenue.
Capital Account Balance
The amount recorded in a company's capital account, representing the net worth or equity of the owners in the business.
Partnership Capital
The total amount invested by all partners in a partnership, representing their ownership interest.
Income-sharing Ratio
The pre-agreed proportion in which partners or stakeholders share the generated income or losses.
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