Concepts (Notions)
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Meaning
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Sale (net proceeds)
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Income from ordinary activities is generated in the ordinary course of business of a business entity
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Gross profit on sale
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Income from the main and non-core activities of the enterprise
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Cost of goods sold
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The expenses connected with production of good or services directly
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Period expenses
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all other indirect costs that are incurred in production
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Operational income (loss)
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the amount of profit realized from a business's operations, after deducting operating expenses such as wages, depreciation, and cost of goods sold
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Financial expenses
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Interest, income taxes, and other such expenditure incurred in owning or renting an asset or property
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Financial income
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Financial income is the revenue generated by the temporary surplus cash invested in short-term investments and marketable securities. It also includes foreign exchange gains on debt and write-backs on provisions and charges related to financial operations.
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