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In two-tier architecture,the database and application functions are separated.
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period, resulting in net profit or loss.
Net Operating Profit After Taxes (NOPAT)
A company's operating profit after adjusting for taxes, reflecting the potential cash earnings if the company had no debt.
EBIT
Earnings Before Interest and Taxes; a measure of a firm's profit that includes all income and expenses except interest and income tax expenses.
Income Statement
A financial statement that shows a company's income and expenses over a specific period, culminating in net profit or loss.
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