Examlex
Service businesses cannot measure the quality of their work.
Parent
A company which has control over another company or companies, typically through ownership of a majority of shares.
Senior Entity
A senior entity is a leading or controlling organization in a relationship, often referring to a parent company in a group of companies or the main party in partnerships.
Net Income
Net income is the profit a company has left over after all its expenses, taxes, and costs have been subtracted from total revenue.
Net Sales
The remaining revenue from sales after removing expenses related to returns, provisions for defective or unaccounted-for goods, and concessions.
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