Examlex
Match each term with a statement below.
-The process of acquiring the traits of one's predecessors
Pretax Cost
The expense or cost incurred by a business before the deduction of taxes.
Debt
Money owed by one party to another, under conditions of repayment often including interest.
Book Value
The net value of a company's assets minus its liabilities, often used to assess a company's worth from a financial statement perspective.
Capital Accounts
Financial records that show the capital contributions, withdrawals, and earnings of owners in a company.
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