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The nurse has returned from working as a maternal-child nurse volunteer for a nongovernmental organization. After completing a community presentation about this experience, the nurse knows that learning has occurred when a participant states:
Sales Tax
A tax on sales or on the receipts from sales, usually added to the consumer's purchase price and collected by the retailer.
Service Charge
A fee collected for services provided, often added to transactions in finance, hospitality, or banking.
Condensed Income Statements
Simplified financial statements that summarize the revenue, costs, and expenses incurred during a specified period, showing the net income or loss.
Merchandising Companies
Businesses that purchase goods in a finished state and sell them as is, making profits from the sales margin.
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