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Right-brain thinking draws on the power of divergent reasoning, which is the ability to create a multitude of original, diverse ideas, while left-brain thinking counts on convergent reasoning, the ability to evaluate multiple ideas and choose the best solution to a given problem.
Total Liabilities
The sum of all current and long-term obligations that a company owes to others.
Total Current Assets
The sum of all assets expected to be converted into cash, sold, or consumed within one year or the operating cycle, whichever is longer.
Base Year Figure
A benchmark or reference point in time used for comparative analysis, often in the calculation of indexes and financial ratios.
Retained Earnings
Net income retained in a corporation.
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