Examlex
The following data for the current year ended December 31, 2013, were extracted from the accounting records of Gilbert Co.:
Price
The amount of money required to purchase a good or service.
Income Statement
A financial statement that shows profits or losses at one point in time.
Profitability
The ability of a business to earn a profit, calculated as the difference between its revenue and expenses.
Finance Manager
A professional responsible for managing an organization's financial health by planning, directing, and coordinating investments.
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