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Preferred Stock
A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with fixed dividends.
Common Stock
A type of equity security that represents ownership in a corporation, with rights to vote on corporate matters and receive dividends.
Consolidated Income Statement
A financial statement that summarizes the revenue, expenses, and profits of a parent company and its subsidiaries.
Bonds Payable
A long-term debt instrument issued by a company or government agency, promising to pay its holder a specified sum of money at a future date plus periodic interest payments.
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