HORTICULTURE SCIENCE
FUNDAMENTALS OF HORTICULTURE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It is the equivalent value of the product sold.
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Interest
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Labor
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Gross Income
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Net Income
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Explanation:
Detailed explanation-1: -In accounting, a company’s gross revenue is its total gross sales over a certain period of time. It’s all of the money the business received, not accounting for any expenses whatsoever. Net revenue, or net income, is equal to a company’s gross revenue minus all of its expenses, including fixed expenses.
Detailed explanation-2: -Gross income is calculated as the total amount of revenue earned before subtracting expenses like costs, interest, and taxes.
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