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Tom Regan argues that:
Common-Size Balance Sheet
A balance sheet that displays each line item as a percentage of total assets, facilitating comparison with other companies regardless of size.
Percentage of Net Assets
This refers to a metric that calculates what portion of a company’s total net assets is represented by a particular investment or asset class.
Retained Earnings Account
An equity account that represents the accumulated portion of net income left over after dividends are paid to shareholders.
Cumulative Earnings
The total net income of a company since its inception, minus any dividends paid to shareholders.
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