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What is meant by the term Color Field Painting?
Net Income
The total profit of a company after all expenses, including taxes and interest, have been deducted from total revenue.
Equity
The residual interest in the assets of a business after deducting its liabilities, representing the ownership interest of shareholders.
Assets
Resources owned by a business or individual that have economic value and can be used to meet debts or commitments.
Liabilities
Financial obligations or debts a company owes to external parties.
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