Examlex
Which of the following is often called the "master gland"?
Income Before Taxes
A financial measure indicating the profitability of a company before accounting for its tax expense.
Income Tax Expense
The total amount of income tax a company expects to pay to tax authorities, reflecting the cost of taxes on its pre-tax income.
Discontinued Operations
Components of a business, such as a department or segment, that have been disposed of or sold.
Net Income
The total earnings of a company after subtracting all expenses, taxes, and costs, indicating the company's overall profitability.
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