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In the network database model, a child record can have more than one parent record.
Income Tax Expense
The cost charged against earnings from operations and other activities, representing the amount of income taxes owed to governmental authorities.
Working Capital
The difference between a company's current assets and current liabilities, indicating short-term financial health and operational efficiency.
After-Tax Discount
A reduction in the price of an item or service that is applied after calculating taxes.
Straight-Line Depreciation
A method of allocating the cost of a tangible asset over its useful life uniformly.
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