Examlex
As shown in the figure above, item 1 points to the ____.
Current Assets
Current assets are assets that a company expects to convert into cash, sell, or consume within one year or its operating cycle, whichever is longer.
Retained Earnings
The part of net profits that is not distributed as dividends but is kept by the firm to reinvest in its fundamental operations or to settle debts.
Common Stock
Equity ownership in a corporation, with voting rights and the potential for dividends.
Retained Earnings
The part of net profits not allocated for dividend distribution but held back by the firm for the purposes of reinvesting in its main business or settling debts.
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