Examlex
Managers need to know that,in the view of the general public,_______ and _______ responsibilities are required,_______ responsibility is expected and _______ responsibility is desired.
Inventory balance
The total value of all goods and materials held by a company intended for sale or production.
Net Income
The profit of a company after all expenses and taxes have been deducted from revenue.
Operating Expenses
Operating expenses are the costs associated with running a business's day-to-day operations, excluding the cost of goods sold.
Gross Profit
The difference between the revenue earned from selling goods or services and the cost of goods sold, not including overhead or other indirect expenses.
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