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Floods only occur where human activities tamper with natural stream systems.
Incremental Sales
The addition to total sales generated by a specific business activity or decision, beyond what would have otherwise been achieved.
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.
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