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"But the cheerfulness of my mind, which comes from the recollection of all my philosophical contemplation, counterbalances all these afflictions." Biographer Diogenes Laertes quotes from this Greek philosopher's deathbed letter, which exhibits this philosopher's view that a life of contentment is the greatest good. Who was the philosopher?
Retained Earnings
The portion of net income that is not distributed to shareholders as dividends but is kept by the company for reinvestment.
Total Assets
The sum of all resources owned by a company, valued in monetary terms.
Deferral
A financial term referring to the postponement of the recognition of certain revenues or expenses to a later accounting period.
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