LATS (LATI, LATU) Definition

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LATS (LATI, LATU) is a currency of Latvia.

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NON-EXPENSE CASH DISBURSEMENT is spending not shown on the income statement, i.e., the expenditure of cash on something that does not appear on the profit-and-loss statement, for example, spending on a fixed asset or discharging part or the entire principal in a debt.

MARGINAL TAX RATE is the top rate of income tax that is charged to individuals on their earnings.

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