Examlex
PERT and CPM are applicable only when there is no dependence among activities.
Service Revenue
Income earned by a company from the services it provides to customers, as opposed to selling goods.
Equipment
Tangible assets used in operations, such as machinery and computers, that have a useful life beyond one year.
Owner's Equity
The residual interest in the assets of an entity after deducting liabilities, representing the ownership interest of shareholders or owners.
Balance Sheet
A balance sheet is a financial statement that reports a company’s assets, liabilities, and shareholders' equity at a specific point in time, offering a basis for computing rates of return and evaluating its capital structure.
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