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Match the Term with Its Definition

Question 2

Multiple Choice

Match the term with its definition.
-Cumulative net profits retained in a company over the life of the business


A) balance sheet
B) debt
C) debt ratio
D) dividends
E) income statement (profit and loss statement)
F) interest expense
G) mortgage
H) operating expenses
I) owners' equity
J) retained earnings
K) total asset turnover

Correct Answer:

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