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Until the 1960s,newscasts offered by the networks were only 15 min long.
Business Plan
A detailed document outlining the strategy, goals, financials, and future projections of a business.
Understating Profits
The practice of reporting lower earnings than actually achieved, often for tax or strategic business reasons.
Break-Even Analysis
A calculation that determines when a business or project will be able to cover all its expenses and start generating profit, based on fixed and variable costs.
Financial Projections
Estimates of future financial performance, including income, expenses, and cash flow, over a specific period.
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