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Sony focused on this emerging segment when it introduced the transistor radio almost 60 years ago.
Net Income
The amount of earnings left after all expenses, taxes, and costs have been subtracted from total revenue.
FMV
Fair Market Value, an estimate of the market value of a property or asset, based on what a knowledgeable, willing, and unpressured buyer would likely pay to a knowledgeable, willing, and unpressured seller in the market.
Tax Depreciation
The deduction of a portion of the cost of a business asset from taxable income over the asset's useful life, as allowed by tax laws.
Taxable Income
The amount of income used to calculate how much tax an individual or a company owes to the government, after all deductions and exemptions.
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