Examlex
What kind of strategy is one by which a firm maintains price parity with its competitors and profits from its benefit or cost advantage primarily through high price-cost margins,rather than through a higher market share?
Cash
Currency and coins, along with funds in bank accounts and other forms of immediately available funds.
Accounting Equation
The foundation of double-entry bookkeeping, stating that assets are equal to the sum of liabilities and owner's equity: Assets = Liabilities + Owner's Equity.
Owner's Equity
The residual interest in the assets of the entity after deducting liabilities, representing what the owners or shareholders own outright in the company.
Liabilities
Financial obligations a company owes to outside parties.
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