Examlex
One explanation for the evolution of insect wings suggests that wings began as lateral extensions of the body that were used as heat dissipaters for thermoregulation. When they had become sufficiently large, these extensions became useful for gliding through the air, and selection later refined them as flight-producing wings. If this hypothesis is correct, modern insect wings could best be described as
Equity Method
An accounting technique used to record investments in other companies, recognizing income and changes in investment value.
Dividends
Distributions of earnings provided by a company to its stockholders, typically coming from the company's profits.
Goodwill
The intangible asset that arises when a company acquires another business for more than the fair value of its net identifiable assets, representing factors like reputation, brand, and customer relationships.
FIFO System
A method of inventory valuation where goods first purchased or produced are the first to be sold or used, standing for "First In, First Out".
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