Examlex
Write a formula for the general term (the nth term) of the arithmetic sequence. Then use the formula for to find , the 20th term of the sequence.
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Retained Earnings
The portion of net income that is not distributed as dividends to shareholders, but rather reinvested in the business or kept as reserve.
Equity Method
A method of accounting employed by a business to log its investment in another firm when it possesses considerable sway but lacks complete authority.
Noncontrolling Interest
A minority stake in a company that is not sufficient to confer control, often reflected in the equity section of the parent company's balance sheet.
Equipment
Tangible property owned by a company that is used in its operations, such as machinery, computers, and office furniture.
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