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Why did Chesapeake planters shift from using indentured servants as laborers to black slaves?
Net Income
The amount of money remaining after all operating expenses, taxes, interest, and dividends are deducted from total revenue; a key indicator of company profitability.
Retained Earnings
The portion of a company's profits that is held or retained and not paid out as dividends to shareholders, often used for reinvestment in the business.
Dividends
Profits distributed by a corporation to its shareholders from its earnings.
Classified Balance Sheet
A detailed financial statement that separates assets, liabilities, and equity into subcategories for clearer analysis.
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