Examlex
In SWOT analysis,which of the following refers to favorable factors in the external environment?
Par Value
Refers to the nominal or face value of a bond, stock, or coupon as stated by the issuer.
Prior Period Adjustments
Corrections of errors in financial statements of previous periods or adjustments due to changes in accounting policies, applied retrospectively.
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period, leading to its net profit or loss.
Income Tax Expense
The cost incurred by businesses or individuals due to tax obligations on earned income.
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