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What Is Asymmetric Information

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What is asymmetric information?


Definitions:

Net Operating Income

A financial metric that calculates a company's income after all operating expenses, excluding taxes and interest, have been deducted from total revenues.

Flexible Budget

A budget that adjusts or varies with changes in volume or activity levels.

Units

In business, units refer to the individual items or quantities of a product or service measured for sale, production, or inventory.

Revenue

The total amount of money generated by the sale of goods or services related to a company's primary operations.

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