Examlex
Which one of the following is not an empirical formula?
Retained Earnings
The portion of a company's profits that is kept or retained rather than distributed to shareholders or owners as dividends.
Net New Equity
The amount of equity capital a company raises through the issuance of new shares minus any shares it has bought back, reflecting the net increase in share capital.
Non-Cash Items
Expenses or incomes recorded in accounting but do not involve any actual cash flow, such as depreciation, amortization, or stock-based compensation.
Capital Spending
Expenditures by a company for physical assets like property, industrial buildings, or equipment.
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