Examlex
When the forward and reverse reactions are proceeding at the same rate, the reaction is said to have reached ______________.
Prior Period Adjustment
A correction of errors in previously issued financial statements to reflect accurate past financial information.
Retained Earnings
Profits that a company has chosen to reinvest in the business rather than distribute to shareholders as dividends.
Earnings Per Share
A financial ratio representing the portion of a company's profit allocated to each outstanding share of common stock.
Net Income
The total earnings of a company after subtracting all expenses and taxes from total revenue, representing the company's profit.
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