AGI Definition

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AGI (Annual Gross Income) is annualized total income prior to exclusions and deductions.

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SOFT ASSETS are human resources (people, skills and knowledge) and intangible assets (information, brands, and reputation). Soft assets are hard to value and are not usually reflected in the books of account, nor are they typically subjected to periodic inventory. See also HARD ASSETS.

LOADED LABOR RATE is the employee hourly rate plus employee benefits, capital expenses, and other overhead.

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