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Explain the terms metabolism,anabolism,and catabolism.Give an example of an anabolic process and a catabolic process.
Asset Account
An asset account is a ledger account that tracks the value of assets owned by an individual or organization, including tangible and intangible items of value.
Stock Dividend
A payment made in the form of additional shares rather than cash, reflecting a company's desire to reward shareholders without reducing its cash reserves.
Market Value
The current quoted price at which an asset or a service can be bought or sold in a marketplace.
Retained Earnings
The portion of net income that is not distributed to shareholders and is instead reinvested in the company.
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