Examlex
When a 2-day-old infant consistently shows a visual preference for a bull's-eye pattern over a checkerboard pattern, we know that the infant
Assets
Economic resources owned or controlled by a business or individual that are expected to provide future benefits.
Liabilities
Financial obligations or debts owed by a business to external parties or entities.
Retained Earnings
The portion of net earnings kept by the company instead of being paid out to its shareholders in the form of dividends.
Equity
The value of ownership interest in a firm, calculated as the difference between assets and liabilities on a company’s balance sheet.
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