Examlex
The Progressive Party earned the nickname "Bull Moosers" because of Theodore Roosevelt's fondness for hunting.
Income Statement
A financial statement that reports a company's earnings, expenses, and net income over a specific period.
Ending Inventory
Merchandise value ready to be sold at the close of an accounting cycle.
Retained Earnings
The portion of net earnings not distributed as dividends, but retained by the company to be reinvested in its core business or to pay debt.
Accounting Principle
Guidelines and rules that govern the accounting practices and procedures.
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