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What product would result from the following series of reactions,
Retained Earnings
The portion of a company's profits not distributed to shareholders as dividends but kept within the company to reinvest in business operations or pay down debt.
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The total amount of tax paid divided by taxable income.
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Mandatory financial charges or levies imposed by a government on individuals, entities, or transactions to fund public expenditure.
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An individual or entity obligated to pay taxes to a federal, state, or local government body.
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