Examlex
Senator A agrees to vote for Senator K's state project in exchange for Senator K voting for Senator A's state project. This is an example of
Net Sales
The total revenue from sales minus returns, allowances, and discounts.
Cost Of Goods Sold
The direct outlays for materials and labor involved in the production of a company's goods for sale.
Net Income
The profit of a company after all expenses, taxes, and deductions have been subtracted from total revenue.
Increase In Net Income
An upward movement in a company’s earnings after all expenses and taxes have been subtracted from total revenue.
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