Examlex
A firm is evaluating an investment proposal which has an initial investment of $5,000 and cash flows presently valued at $4,000. The net present value of the investment is __________.
Retained Earnings
Accumulated net income left over for a company after it has paid out dividends to its shareholders.
Prior Period Adjustment
Adjustments made to the financial statements of a prior period to correct an error or to account for a retroactive application of new accounting policies.
Retained Earnings
The share of a company's earnings that are held back and not distributed as dividends to its shareholders.
Net Income
Net income is the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicating the company's financial performance.
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