Examlex
Calluses or corns are the result of accelerated multiplication of
Owner's Equity
Owner's equity represents the owner's claims on the assets of the business, calculated as total assets minus total liabilities.
Creditors' Risk
The level of risk that creditors face regarding the possibility of not receiving back the principal and/or interest on loans issued to borrowers.
CPA
Certified Public Accountant, a designation given to someone who has passed the Uniform CPA Examination and met additional state education and experience requirements in accounting.
Proprietorship
A form of business organization owned by a single individual who is responsible for all its debts and entitled to all its profits.
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