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Retained Earnings
The portion of a company's profits that is held or retained and not paid out as dividends to shareholders, often used for reinvestment in the business.
Dividends
Profits distributed by a corporation to its shareholders from its earnings.
Classified Balance Sheet
A detailed financial statement that separates assets, liabilities, and equity into subcategories for clearer analysis.
Assets and Liabilities
The financial resources owned by a company (assets) versus what it owes to outsiders (liabilities).
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