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Balance Sheet
A balance sheet that presents a firm's financial position, detailing its assets, liabilities, and owners' equity at a particular moment.
Current Liabilities
Short-term financial obligations of a company that are due to be paid within one year.
Retained Earnings
The portion of net income which is retained by the corporation rather than distributed to its owners as dividends.
COGS
Cost of Goods Sold (COGS) refers to the direct costs associated with the production of goods sold by a company, including material and labor costs.
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