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What is the fundamental idea behind parsimony?
Total Assets
Total assets represent the sum of all assets owned by a company, including both current and non-current assets.
ROE
A financial ratio expressing the profitability of a firm in relation to stockholders' equity, used to assess how efficiently a company uses investments to generate profit.
Common Equity
The portion of a company's equity that is held by common shareholders, represented by common stock.
Net Income
The profit a company generates after all expenses, taxes, and costs have been subtracted from total revenue.
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