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A monopoly exists when there is only one seller in the market.
Net Income
The total profit of a company after accounting for all expenses and taxes; also known as net earnings or net profit.
Cash Receipts
The monetary amounts received by a company during a specific period for goods sold, services provided, or any other business activities.
Bank Loan
A sum of money borrowed from a bank that must be repaid with interest over a predetermined period.
Net Income
The total profit of a company after all expenses and taxes have been subtracted from revenue.
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