Examlex
The annual interest earned on an amount deposited into a bank account will increase each year when simple interest is used.
Corporation
A legal entity that is separate and distinct from its owners, who are shareholders. The corporation itself can own assets, borrow money, sue or be sued.
Debt-To-Equity Ratio
It's a financial indicator that compares the proportions of debt and shareholders' equity in funding company assets.
Total Assets
The aggregate of current and fixed assets held by a corporation.
Total Liabilities
The total amount of financial obligations or debts that a company owes to external parties.
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