Examlex
When the gravitational pull from the Moon pulls directly on the water body and is perpendicular to the Sun,it is called a(n) _______ tide.
Impairment
The action of or situation where the value of an asset is corrected downwards in the company's books to reflect a loss in value, ensuring the asset's recorded cost does not exceed its recoverable amount.
Issued Capital
The total value of a company's shares that have been issued to shareholders, representing the equity funding provided by shareholders.
Retained Earnings
Represents the cumulative amount of net income that a company has not distributed to its shareholders as dividends but retained for reinvestment in the business.
Goodwill
An intangible asset representing the value of a company's brand name, reputation, and customer relationships, acquired during a business combination.
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