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UNDISTRIBUTED EARNINGS Definition

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UNDISTRIBUTED EARNINGS see RETAINED EARNINGS.

 

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PROSPECTIVE FINANCIAL STATEMENTS are either financial forecasts or financial projections. Prospective financial statements may cover a period that has partially expired. Statements for periods that have completely expired are not prospective financial statements.

ABNORMAL RETURNS is the difference between the actual return and that is expected to result from market movements (normal return).


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