Examlex
The three major manufacturing inventories do NOT include which of the following?
Common Stock
Shares of ownership in a corporation that entitle the shareholder to vote on corporate matters and receive dividends.
Net Assets
The total assets of a company minus its total liabilities, indicating the company's underlying value.
Retained Earnings
The portion of a company's profits not distributed to shareholders as dividends but retained for reinvestment in the business or to pay off debt.
Amortized Cost Basis
An accounting method that gradually writes off the initial cost of an asset over a period, which reflects its consumption or use over time.
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