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Calculate the profit for the year if capital at the beginning is $35,000, capital at the end is $40,000 and during the year the owner withdrew $15,000.
Foreign Subsidiaries
Entities that are owned or controlled by a parent company but are located in a different country.
Joint Ventures
Business arrangements in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business activity.
Corporate Codes
Guidelines and policies established by companies to govern behavior, ethics, and practices within their organizations.
Enforcement
The act of ensuring compliance with laws, regulations, or agreements, often by taking legal action against violators.
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