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At the time of her death, Megan was involved in the following. As to these transactions, Megan's gross estate must include:
Income From Operations
The earnings generated from a company's regular core business operations, excluding deductions of interest and taxes.
Residual Income
A measure of net income after accounting for the cost of capital.
Activity Base
A measure used for allocating fixed costs to products or services based on the amount of activity.
Service Departments
Units within an organization that provide support to the profit-making departments, rather than directly contributing to profits.
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