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In a replacement decision, if an old asset sells below book value, from a tax standpoint
Common Stock
A type of equity security that represents ownership in a corporation, granting holders voting rights and a share in the company’s profits through dividends.
Share Earnings
Often referred to as earnings per share (EPS), it's the portion of a company's profit allocated to each outstanding share of common stock.
Retained Earnings
The portion of a company's profits that is kept or retained and not distributed to shareholders as dividends.
Accumulated Profit
The total amount of net income retained in a company over its entire history, not distributed as dividends.
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