Examlex
Explain the phrase "catch it low to prevent it high." What is the significance of this phrase to our understanding of juvenile aggression?
Profits
The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.
Income Ratio
A financial metric comparing earnings to another element, such as sales or assets, to assess profitability or performance.
Partnership Agreement
A legal document that specifies the terms and conditions under which a partnership operates, including profit sharing and decision-making processes.
Capital Accounts
Accounts used to record the financial contributions, withdrawals, and the share of profit or loss of owners in a partnership or in their personal accounts.
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