Examlex
Which of the following statements regarding the eye is NOT true?
Cash Dividend
A payment made by a company out of its earnings to shareholders in the form of cash.
Retained Earnings
is the portion of net income that is not distributed to shareholders as dividends but is kept by the company for reinvestment or debt payment.
Date of Record
The specific date set by a corporation on which the shareholders must be on the company's books in order to receive a declared dividend or participate in a corporate action.
Cash Dividends
Payments made by a corporation to its shareholder members from its profits or reserves.
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