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Describe the circumstances under which a seniority system would be a defense to a charge of discrimination under Title VII.
Net Income
The amount of money that remains from revenues after all expenses, taxes, and costs have been subtracted; a measure of profitability.
Net Profit Margin Ratio
A financial ratio indicating the percentage of net income generated from total revenue.
Balance Sheet
A statement of finance that shows a corporation's assets, liabilities, and owner's equity at a specific moment.
Balance Sheet
An accounting record that outlines a business's assets, obligations, and equity of shareholders at a designated time.
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