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Why did the largest landholdings in seventeenth-century New England towns usually belong to wealthier families?
Net Income
The remaining income of a corporation after deducting all expenditures and tax obligations from the income.
Owner's Capital
The total amount of money and assets invested in a company by its owner or shareholders.
Income Statement
A financial document that summarizes a company's revenues, expenses, and profits over a specific period.
Balance Sheet
A financial statement that displays a company's financial position at a specific point in time, including assets, liabilities, and equity.
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