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Arnold wants to increase the amount of time he exercises. When he reaches his goal for the first day, he relaxes after exercises and watches an episode of one of his favorite sitcoms while cooling down and drinking water. He does this after every day of exercise. At the end of the week of successful days of exercise, Arnold treats himself to a movie. During this behavioral self-management program, Arnold has set up daily and weekly
Liabilities
Obligations owed by a business to either creditors or suppliers, often in the form of loans or accounts payable.
Net Income
The amount of money a company has earned after all expenses, including taxes and costs, have been subtracted from total revenue.
Beginning Equity
The amount of owners' equity in a business at the start of an accounting period, reflecting the net value of the business's assets minus its liabilities.
Dividends
Payments made by a corporation to its shareholder members, often derived from the company's profits.
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