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Simplify: (-4)4 ∗ (-4)
Accounting Equation
The foundational equation in accounting, Assets = Liabilities + Owner’s Equity, ensuring balance in financial reporting.
Assets
Economic resources owned or controlled by a business or individual, expected to produce future benefits.
Equity
The amount of ownership interest in a company, typically represented by the shares held by its shareholders.
Dividends
Payments made to shareholders out of a company's earnings, distributing a portion of the profit to investors as a return on their investment.
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