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A console is saved in a file with an ____ file extension.
Single-Step Statement
An income statement format that calculates net income or loss using a single subtraction of total expenses from total revenues.
Net Income
The total profit of a company after accounting for all expenses and taxes; the bottom line of the income statement.
Income from Operations
The profit realized from a business's core operating activities, excluding revenue from investments and other non-operational sources.
Cost of Goods Sold
The immediate expenses associated with manufacturing goods a company sells, comprising costs of materials and labor.
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