For example, personal income and color preference, rainfall and gas prices, and education obtained and favorite flower would all be considered exogenous factors. Examples of Endogenous Variables .

For example, the amount of cash reported on the balance sheet on Dec. 31 of 2024, 2023, 2022, 2021, and 2020 will be expressed as a percentage of the Dec. 31, ... Net income: $1,500,000: 30%: ...

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