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CA - SBC Terminology

Select a letter to read definitions and information regarding the terms used by CA - SBC.
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Terminology Definition
Net Earnings : See Net Income.
Net Income : The earnings a firm realizes after all costs, expenses and taxes have been paid.  It is calculated by subtracting business, depreciation, interest and tax costs from revenues.  When expenses exceed revenues, a net loss results.
Net Revenue : See Sales.
Net Sales : See Sales.
Notes to Financial Statements : Notes appended to the statements, providing explanations and supporting schedules to which the financial statements are cross-referenced.  The notes are an integral part of such statements.  For a complete description of all its components, please refer to Financial Statements.
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