Examlex
Which of the following statements is accurate regarding the NLSCY's findings about school readiness among Canadian children?
Gain
The financial benefit realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.
Deducted
Removed or taken away from a total amount or sum, often referring to expenses subtracted from income before taxation.
Net Income
The net profit for the company, arrived at after taking away all forms of expenses and taxes from the generated total revenue.
Net Cash Flow
This measures the amount of cash generated or used by a business in a given period, taking into account cash inflows and outflows.
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