Examlex
You have memorized a handful of statements.Which should take the LEAST time to recognize?
Synergy
A situation in which two companies operating together under one ownership perform better than the sum of their separate performances. A popular reason claimed for mergers.
Net Income
The financial profit a company has after subtracting all its expenses from its total revenue, indicating its profitability over a specified period.
Goodwill
An intangible asset representing the value of a company's brand name, solid customer base, good customer relations, good employee relations, and any patents or proprietary technology.
Legal Entity
A legally constituted organization that has the authority to enter into contracts, sue and be sued, and own assets separately from its owners or members.
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