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Business Performance Vocabulary Set in Accounting - Auditing: Full and Detailed List

The 'Business Performance' vocabulary set in 'Accounting - Auditing' is carefully selected from standard international textbook sources, helping you master vocabulary in a short time. Comprehensive compilation of definitions, illustrative examples, and standard pronunciation...

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income statement

/ˈɪnkʌm ˌsteɪtmənt/

Example:

The accountant prepared the income statement for the last quarter.

profit

/ˈprɑː.fɪt/

Example:

The company reported a significant profit this quarter.

loss

/lɑːs/

Example:

The company reported a significant financial loss this quarter.

net income

/ˌnet ˈɪn.kʌm/

Example:

The company reported a significant increase in net income for the last quarter.

net loss

/ˌnet ˈlɔs/

Example:

The company reported a net loss of $5 million for the quarter.

gross profit

/ɡroʊs ˈprɑːfɪt/

Example:

The company reported a significant increase in gross profit this quarter.

operating income

/ˈɑːpəreɪtɪŋ ˈɪnkʌm/

Example:

The company reported a significant increase in operating income this quarter.

EBITDA

/ˌiː.bɪtˈdɑː/

Example:

The company reported a strong EBITDA for the last quarter, indicating healthy operational performance.

earnings per share

/ˈɜːrnɪŋz pər ʃer/

Example:

The company reported a significant increase in earnings per share this quarter.

operating expense ratio

/ˈɑpəreɪtɪŋ ɪkˈspɛns ˈreɪʃioʊ/

Example:

The company improved its operating expense ratio by reducing administrative costs.

gross margin

/ˌɡroʊs ˈmɑːr.dʒɪn/

Example:

The company reported a healthy gross margin of 45% this quarter.

net profit margin

/ˌnet ˈprɑːfɪt ˈmɑːrdʒɪn/

Example:

The company's net profit margin improved significantly this quarter.
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