Examlex
There is more ocean in the Southern Hemisphere than in the Northern Hemisphere.
Average Tax Rate
The total amount of tax paid divided by taxable income.
Taxes
Mandatory financial charges or levies imposed by a government on individuals, entities, or transactions to fund public expenditure.
Taxpayer
An individual or entity obligated to pay taxes to a federal, state, or local government body.
Operating Working Capital
Represents the cash used in the day-to-day operations of a business, excluding non-cash assets and liabilities.
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