Examlex
A carton of ice cream displays the following list of ingredients: milkfat and nonfat milk, sorbitol, pecans, cellulose, butter, caramel color, citric acid, aspartame, carrageenan.
How many alternative sweeteners are contained in this product?
Net Asset Test
A financial assessment to determine a company's or individual's net worth by subtracting total liabilities from total assets.
Revised Act
Refers to legislation that has been updated or amended to incorporate changes or new provisions since its original enactment.
Earned Surplus
Profits that a company has retained rather than distributed to shareholders, typically used for reinvestment in the business or to pay down debt.
Undistributed Profits
Profits earned by a company that have not been paid out as dividends to shareholders and are retained for reinvestment.
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