Examlex
Match each of the following line items with the type of activity.
-sale of a used delivery van
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.
Horizontal Analysis
An analytical technique in financial statement analysis where figures of line items are compared across multiple periods to identify trends and growth patterns.
Current Assets
Current Assets are all assets of a company that are expected to be sold, consumed, or converted into cash within one year or within the operating cycle of a business.
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