Examlex
A die is rolled. The set of equally likely outcomes is {1, 2, 3, 4, 5, 6}. Find the probability of getting a 10.
Amortization
The gradual reduction of a debt or the cost of an intangible asset over a specific period of time through regular payments.
Net Income
The amount of earnings left over after all expenses and taxes have been subtracted from total revenue; a key indicator of a company's profitability.
Equity Method
An accounting technique used by a parent company to record its investments in subsidiaries or affiliates based on the equity stake's pro-rata share of net assets rather than the historical cost of the investment.
Stockholders' Equity
The remaining value of a company's assets after liabilities are subtracted, indicating the stake held by shareholders.
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