Examlex
Which of the following statements correctly describe(s) gases?
I.Gases exhibit the phenomenon of flow.
II.Molecular forces of attraction are minimal.
III.Gases are easily compressible.
IV.Gases expand to fill their container.
Retained Earnings
The portion of net income that is not distributed as dividends to shareholders, but rather reinvested in the business or kept as reserve.
Equity Method
A method of accounting employed by a business to log its investment in another firm when it possesses considerable sway but lacks complete authority.
Noncontrolling Interest
A minority stake in a company that is not sufficient to confer control, often reflected in the equity section of the parent company's balance sheet.
Equipment
Tangible property owned by a company that is used in its operations, such as machinery, computers, and office furniture.
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