Examlex
As soon as a corporation is authorized to issue stock, an accounting journal entry should be made recording the total value of the shares authorized.
Operating System
The software that manages the hardware and software resources of a computer system and provides common services for computer programs.
Large Profits
Substantial earnings exceeding the costs of production and operation of a business.
Innovation
The process of creating new ideas, products, or methods, which can significantly change market dynamics or societal practices.
Annual Interest Rate
The percentage of the principal amount of a loan that is charged as interest to the borrower for one year.
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