MEAN Definition

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MEAN is the measure of central tendency; also called the average. It is calculated by the sum of the data points divided by the number of data points.

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FUNDED DEPRECIATION ACCOUNT is a reserve setup to cover the replacement cost of those capital assets covered within the depreciation schedule.

STOCK SPLIT is the issuance of a substantial amount of additional shares, thereby reducing the par value of the stock on a proportionate basis.

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