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A company forgot to make an adjusting entry to record wages incurred but unpaid at the end of the period.This would understate Total Liabilities and overstate Retained Earnings on the Balance Sheet.
Total Assets
Total assets are the sum of all current and non-current assets owned by a company, reflecting its overall resources available for use in operations or for sale.
PE Ratio
The Price-to-Earnings Ratio (PE Ratio) is a valuation metric used to measure a company's current share price relative to its per-share earnings.
Shares Outstanding
The total number of shares of stock that have been issued and are currently held by investors, including restricted shares owned by the company’s officers and insiders.
Stock Price
Stock price is the cost of purchasing a share of a company's stock, reflecting the value the market attributes to the company.
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