Examlex
The general conclusion of the Seattle Longitudinal Study is that most cognitive abilities remain intact through most adulthood, although some decline is noticeable by age 65 and this decline accelerates at about age 85.
Cost of Merchandise Sold
The total expense incurred by a company to buy or manufacture the goods sold during a period.
Gross Profit
The difference between revenue from sales and the cost of goods sold, before deducting overhead, payroll, taxation, and interest payments.
Sales
The transactions involving the exchange of goods or services for money, reflecting the primary revenue source for most businesses.
Operating Income
Earnings from a company's main business activities, excluding expenses like interest and taxes.
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