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Common Stock
A type of security that represents ownership in a corporation, entitling the shareholder to a proportion of the corporation's assets and profits.
Depreciation
The systematic allocation of the cost of an asset over its useful life.
Net Income
The total revenue of a company minus its expenses, taxes, and the cost of goods sold, indicating the company's profit.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded for an asset since it was put into use.
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