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Use the associative property to rewrite the expression, and then simplify the result.
Balance Sheet
A financial statement that provides a snapshot of a company's financial position at a specific point in time, showing assets, liabilities, and shareholders' equity.
Statement of Cash Flows
A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents.
Long-Term Capital Gains
Profits from the sale of an asset held for more than a specified period, typically taxed at a lower rate than short-term gains.
Dividends
Payments made by a corporation to its shareholder members, typically from profits or reserves.
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