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After a group of gang members learned that their friend had died in a seemingly random accident, several of the friends started blaming a rival gang for the death. Even though there was no evidence whatsoever that the death had been intentional, the more the gang members talked, the more passionate they became in their belief that an act of revenge was necessary. What concept from social psychology may contribute to an act of violent revenge in this case?
Net Income
The total profit of a company after all expenses, including taxes and operational costs, have been subtracted from its total revenue.
Cost of Goods Sold
Direct spending associated with producing the merchandise a company trades, including both materials and manpower costs.
Worksheet
A columnar device used by accountants to aid them in completing the accounting cycle—often just referred to as "spreadsheet." It is not a formal report.
Revenue
The total income received by a company from its normal business activities, before any expenses are subtracted.
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