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Figure 2-2
-Refer to Figure 2-2.Carla regularly buys fruits and vegetables at a grocery store.Roberto regularly pays a lawn-care company to mow his lawn.If the flow of fruits and vegetables from the grocery store to Carla is represented by an arrow from Box C to Box B of this circular-flow diagram,then the money paid by Roberto to the lawn-care company is represented by an arrow
Net Margin
A profitability metric calculated as net income divided by revenue, expressed as a percentage, indicating how much of each dollar in revenues is translated into profits.
Sales
The activity or business of selling goods or services to customers.
Net Income
The amount of money a company has left after all expenses, taxes, and costs have been subtracted from total revenue.
Owner's Equity
The residual interest in the assets of an entity after deducting liabilities, representing the owners' share.
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