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Instructions: Please Define the Following Key Terms

question 32

Essay

Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
freethinker


Definitions:

Retained Earnings

The portion of a company's profits not distributed as dividends but retained for reinvestment in the business or to pay debt.

Income Before Taxes

Another term for pretax income, indicating the amount earned by a business before subtracting taxes.

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