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According to the provisions of the Americans with Disabilities Act of 1990, which statement is NOT correct?
Gross Margin
The difference between revenue and cost of goods sold, divided by revenue, expressed as a percentage; an indicator of the financial health and performance of a business.
Consolidated Retained Earnings
The cumulative amount of profits kept by a parent company and its subsidiaries after dividends have been paid.
Statement of Financial Position
A financial report detailing a company's assets, liabilities, and equity at a particular moment, offering a glimpse into its financial status.
Impairment Loss
The amount by which the carrying amount of an asset exceeds its recoverable amount, leading to a decrease in the asset's value on the balance sheet.
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