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Why are most lighthouses operated by the government
Balance Sheet
A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.
Return on Investment
A measure used to evaluate the efficiency or profitability of an investment, calculated as net profit divided by initial cost.
Total Liabilities
The sum of all financial obligations and debts owed by a company at a given time.
Total Assets
The sum of all assets owned by an entity, including cash, investments, inventory, and property.
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