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Explain the concept of boundaries with regards to family communication.
Corporation
A legal entity recognized by law as separate from its owners, with the ability to own assets, incur liabilities, and sell shares.
Retained Earnings
Accumulated net income that a company has not distributed to its shareholders as dividends, reinvested in the business.
Dividends
Payments made by a corporation to its shareholder members, typically derived from profit.
Statement of Stockholder's Equity
A financial statement that shows changes in the value of a company's equity over a specific period, including shares issued and dividends paid.
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