Examlex
The explanation of the behavior of light based on the ray model is called "geometric optics."
Share Price
The price at which a single share of a company's stock is bought or sold in the market.
ASPE
Accounting Standards for Private Enterprises, a set of accounting practices and principles for private companies in Canada.
Equity Basis
An accounting method where investments are recorded at the original cost plus or minus any subsequent changes in the value of the invested assets, often used in consolidation.
Cost Basis
The original value of an asset for tax purposes, usually the purchase cost, adjusted for stock splits, dividends, and return of capital distributions.
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