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Which statement is NOT true about covalent bonds?
Net Income
The total earnings of a company after deducting all expenses and taxes, indicating the company's profitability over a specific period.
Capital Balances
The amount of money that partners or shareholders have invested in a company; this also includes profits that have not been withdrawn.
Accounts Receivable
Funds that a business has yet to receive from its clients or customers for products or services already provided.
Fair Value
The estimated market price of an asset or liability, reflecting the price at which an orderly transaction would take place between market participants at the measurement date.
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