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Describe the pattern of growth in GDP per capita in the world before the Industrial Revolution.
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Retention Ratio
The proportion of net income that is retained by a corporation rather than distributed to its shareholders as dividends.
Retained Earnings
The portion of a company's profits not distributed to shareholders as dividends and retained for reinvestment or debt repayment.
Pro Forma Net Income
A projected net income over a specific period, calculated under hypothetical assumptions or adjustments.
Profit Margin
A financial metric that measures the percentage of revenue that exceeds the costs of goods sold, indicating the profitability of a company.
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