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Why does General Nathaniel Greene have a reputation for success despite losing three major battles between March and September 1781?
Prior Period Adjustment
Corrections of errors or omissions in the financial statements of previous periods to accurately reflect past financial performance.
Retained Earnings
Retained earnings are the portion of a business's profits not distributed as dividends to shareholders but retained by the business for reinvestment.
Par Stock
The nominal or face value assigned to a share of stock, as stated in the corporate charter.
Stock Split
A corporate action in which a company divides its existing shares into multiple shares to increase the number of shares outstanding while maintaining the same total market value.
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