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Balance Sheet
A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.
Retained Earnings
Profits that a company keeps after dividends are paid, which can be used for reinvestment in the business or to pay down debt.
Liabilities
Financial obligations or debts a company owes to external parties.
Cash
Liquid assets held by an entity that can be immediately used for transactions.
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