Examlex
A "Product" should be thought of as potential customer satisfaction or benefits.
Financial Statements
Reports that summarize the financial performance and position of a company, including the balance sheet, income statement, and cash flow statement, among others.
Net Income
The total profit or loss of a company after all revenues, costs, and expenses have been accounted for.
Bad Debt Expense
An estimated expense recognized by businesses for accounts receivable that are considered unlikely to be collected.
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