Examlex
Retained earnings represents the cumulative amount of net income earned over the life of the company that has not been distributed to stockholders as dividends.
Net Monetary Assets
The difference between monetary assets and monetary liabilities, used to assess liquidity position.
Exchange Gain
The profit realized from the sale of securities or foreign exchange transactions when the exchange rate moves in a favorable direction.
Functional Currency
The primary currency used by a business or unit in its financial transactions, reflecting the economic environment in which it primarily operates.
Foreign Subsidiary
A company that is owned or controlled by another company (parent company) and is located in a different country.
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