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In the United States, there appears to have been a broad cultural shift in the values Americans hold most dear. The general trend has been from an emphasis on ________ to that on ________.
Cost
The value of the expenses incurred in the production or acquisition of a good or service, including materials, labor, and overheads.
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period, culminating in net income or loss.
Net Income
The concluding profit margin of a company after deducting all operational expenditures and taxes from its income.
Revenues
Income that a company receives from its normal business activities, usually from the sale of goods and services to customers.
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