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What is a balance sheet used for?
Estimated Annual Net Income
The projection of a company's net income over the course of a future year, based on current trends and expectations.
Straight-Line Depreciation
A way of allocating the expenditure of a physical asset in uniform annual installments over its lifespan.
Average Rate of Return
A financial ratio that shows the average annual return on an investment, expressed as a percentage of the initial investment cost.
Estimated Annual Net Income
The projection of net earnings over a given fiscal year, taking into account all expected revenue and expenses.
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