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Financial Reporting
The process of producing statements that disclose an organization's financial status to management, investors, and the government.
Preferred Stock
A type of stock that provides dividends to its holders before common stocks and has priority over common stock in the event of a liquidation.
Tax Deductible
Expenses that can be subtracted from gross income to reduce the overall amount of income tax owed to the government.
Gordon Model
A financial model that evaluates a stock's intrinsic value, based on future series of dividends that grow at a constant rate.
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