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Which one of the following is a notification to a futures contract holder that additional margin funds are needed?
Deferred Tax Asset
An accounting term representing taxes paid or carried forward but not yet recognized in the income statement.
Income Tax Expense
represents the cost to a company of the taxes it must pay on its income, reflecting both current and deferred tax charges.
Profit and Loss Summary
A financial statement that summarizes the revenues, costs, and expenses incurred during a specific period, typically a fiscal quarter or year.
Retained Earnings
The portion of net income left over for the business after it has paid out dividends to its shareholders.
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