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Federal Income Taxes
Taxes levied by the United States federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.
Stockholders' Equity
The owners' residual interest in a corporation, represented by the difference between assets and liabilities on the balance sheet.
Investments
Assets purchased with the expectation that they will generate income or will appreciate in the future.
Net Income
The total revenue of a company minus the total expenses, indicating the profit earned over a specific period.
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