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On January 5, 2012, total liabilities are:
Net Operating Income
The income earned by a company from its main business activities before subtracting interest and tax expenses.
Revenue and Spending Variance
The difference between the actual and budgeted figures for both revenue and expenses, indicating a company's financial performance.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity levels, allowing for better performance evaluation.
Food and Supplies
The consumable items and materials necessary for the operation of businesses involved in food service, hospitality, or healthcare, among others.
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