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A child, riding on a large merry-go-round, travels a distance of 3000 m in a circle of diameter 40 m.The total angle through which she revolves is:
Retained Earnings
The portion of net income left over for the business after it has paid out dividends to its shareholders, often reinvested into the business.
Ledger Accounts
Records within a ledger that summarize all the transactions related to a specific account, providing a complete record of financial transactions over the life of the account.
Net Income
The sum a company earns net of all expenses and taxes, deducted from its overall revenue.
Rent Revenues
Income earned by a company or individual from leasing property or other assets to tenants.
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