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Definitions:
Balance Sheet
A financial statement that presents a company's assets, liabilities, and stockholders' equity at a specific point in time.
Amortized Cost
Amortized cost refers to the adjusted value of an asset or a debt over a specific period of time, taking into account any related expenses or reductions.
Amortized Cost
A financial term referring to the gradual reduction of a debt over a period of time through regular payments covering both principal and interest.
Return On Total Assets
A financial ratio that measures the profitability of a company by calculating how effectively a company uses its total assets to generate profit.
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