Examlex
Performance evaluations are used to ________.
Profit Margin
A financial metric indicating the percentage of revenue that exceeds the cost of goods sold, showing how much profit a company makes on sales.
Net Income
The sum a company holds as profit once it has subtracted expenses and taxes from its aggregate revenue.
Net Sales
The amount of sales revenue left after deducting sales returns, allowances, and discounts.
Cash Basis
An accounting method where revenues and expenses are recorded only when cash is received or paid, respectively.
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