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Figure 2-3
-According to Figure 2-3 above,the image shown is an example of a(n)
Retained Earnings
The portion of a company's profit that is held back and not distributed to shareholders as dividends, used for investment or paying off debt.
Straight-Line Depreciation
A depreciation technique that allocates an equal amount of depreciation each year over the asset's useful life.
Residual Value
The estimated amount that an asset is expected to sell for at the end of its useful life, subtracting any disposal costs.
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