RETAINED EARNINGS STATEMENT Definition

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RETAINED EARNINGS STATEMENT see STATEMENT OF RETAINED EARNINGS.

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BASIS POINTS is 0.01% in yield. For example, in increasing from 5.00% to 5.05%, the yield increases by five basis points.

CARNET is a customs document which permits you to send or carry merchandise into a country duty and tax free for a short period, for use as samples or as display merchandise in a trade show, for example.

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