Examlex
American social values were changed dramatically by the Great Depression.
Fair Value
Fair value is an estimate of the price at which an asset or liability could be exchanged between knowledgeable, willing parties in an arm's length transaction.
Share Capital
The funds that a company raises by issuing shares of stock, representing ownership in the company.
Retained Earnings
Refers to the portion of net earnings not distributed as dividends to shareholders but retained by the company to be reinvested in its core business or to pay debt.
Business Combination Valuation Reserve
A reserve set up during the accounting for a business merger or acquisition, accounting for differences in asset valuations and liabilities assumed.
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