Examlex
Consider the sequence built by the following rule: What is
Inventory
The total amount of goods and materials held by a company with the intent of resale or as part of the production process.
Profit
The financial gain realized when the revenues generated from business activities exceed the expenses and costs incurred in generating those revenues.
Ending Inventory
The total value of all the goods a company has in stock at the end of a fiscal period, which is used to calculate the cost of goods sold.
Net Income
A business's remaining profit after taking away all costs and taxes from its generated revenue.
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