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________ draw up plans to transform resources into products and brings together basic resources,such as knowledge,physical materials,equipment,and labor.
Noncumulative
Noncumulative refers to a type of preferred stock where dividends do not accumulate if they are not declared or paid in a given dividend period.
Dividends in Arrears
Dividends on cumulative preferred stock that have not been paid in the period they are due.
Balance Sheet
A financial statement that displays a company's assets, liabilities, and stockholders' equity as of a specific date, showing the company's financial position.
Sole Proprietorship
A business structure owned by a single individual, where the owner and the business are legally considered the same.
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