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HR has its own uses for technology and customized software, which can greatly enhance its ability to perform its responsibilities specifically in situations in which physical overseas travel is not possible (as was the case with the COVID-19 pandemic).
Retained Earnings
The portion of net income left over for a business after it has paid out dividends to its shareholders.
Acquisition Value
Acquisition Value is the total cost incurred to acquire an asset, including the purchase price and all related expenses.
Acquired Net Assets
The total assets purchased from a company during an acquisition minus the liabilities assumed in the process.
Equipment Account
An account on the balance sheet where the cost of purchasing equipment is recorded and progressively depreciated over time.
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