Examlex
Mr. Martinez, the science teacher, explains to his class that females have ovaries that produce estrogens, while the male testes produce testosterone. Mr. Martinez has just explained
Board of Directors
The Board of Directors is a group of individuals elected to represent shareholders and oversee the activities and strategic direction of a company.
GAAP
Generally Accepted Accounting Principles, a set of accounting standards and procedures used in the United States to govern financial reporting.
Financing Provided
Funds supplied to businesses or individuals for the purpose of investing, expansion, or operating expenses that are expected to be repaid in the future.
Retained Earnings
The segment of net profits that are not distributed as dividends, instead kept within the company for reinvestment in its main operations or for debt repayment.
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