Examlex
Planets with circular orbits travel at the same speed at all points in their orbits, whereas planets with elliptical orbits change their speeds at different points in their orbits.
Deficit
The amount by which expenses exceed income or liabilities surpass assets.
Retained Earnings Statement
A financial statement that shows the amounts of a company's profits that are kept within the business rather than paid out as dividends.
Corporation Income Statement
A financial statement that shows a company's revenues, expenses, and profits or losses over a specific time period.
Common Stockholders' Equity
The portion of a company's equity owned by common shareholders, calculated as total assets minus total liabilities and preferred stocks.
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