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A person who loses an arm may at first have a phantom arm and hand. Then after many years, the phantom may shrink, until only a hand is felt at the shoulder. This shows that
Closing Values
The final price at which a security is traded on a given trading day, used for financial reporting and analysis.
Contributed Capital
Funds that shareholders invest in a company by purchasing shares directly from the company.
Functional Currency
The currency of the primary economic environment in which an entity operates; used in financial reporting.
Closing Rates
The exchange rates used to convert the financial statements of a foreign subsidiary into the presentation currency of the parent company for consolidation purposes.
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