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These winds made it easy for Spanish and Portuguese mariners to sail from the Iberian Peninsula to the Canary Islands.
Historical Cost
The original monetary value of an economic item, reflecting its cost at the time of purchase or acquisition, rather than its current value.
Balance Sheet
A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.
Capital Structure
The specific mix of debt and equity that a company uses to finance its overall operations and growth.
Production Cycle
The entire process of producing goods, from the acquisition of raw materials to the final product, within a company.
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