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Describe five types of communication networks used in work teams.
Net Income
The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicating the company's overall profitability.
Pro Forma Income Statement
A financial statement that projects the future income and expenses of a company, often used for forecasting or budgeting purposes.
Common-Size Statement
A standardized financial statement presenting all items in percentage terms. Statement of financial position is shown as a percentage of assets and income statement as a percentage of sales.
Sustainable Growth Rate
The maximum rate at which a company can grow its earnings, dividends, and sales without having to increase its equity or take on new debt.
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