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In the expression, S = k ln W, W is called the number of microstates. Explain clearly the meaning of the word "microstate", and why a system under a given set of conditions normally has many microstates.
Net Incomes
The total earnings of a company after deducting all expenses, taxes, and costs from its total revenues.
Deferred Income Tax
Deferred Income Tax is a liability on a company's balance sheet that results from income already earned and recognized for accounting purposes but not yet subject to taxation.
Fair Value
The estimated market price of an asset or liability, reflecting what a willing buyer would pay to a willing seller in an arm's length transaction.
Tax Rate
The proportion of income that is taken as tax from a person or business.
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