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Retained Earnings Statement
A financial report detailing the variations in retained profits over a definite time frame.
Depreciation Expense
The allocation of the cost of tangible assets over their useful lives as an expense to reflect their usage and wear and tear.
Stock Dividend
Additional shares are issued to shareholders by a corporation as a payment, rather than giving out cash.
Par Value Common Stock
The nominal or face value assigned to common stock shares in the corporation's charter, not necessarily reflecting their market value.
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