Examlex
In the majority of states,even non-voting shares may vote on fundamental changes that affect that class of shares.
Issuing Debt
The process by which a company or governmental entity raises funds by selling bonds, notes, or other financial instruments to creditors.
Cash Dividends
Payments made by a corporation to its shareholder members from its current or retained earnings.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.
Direct Method
A method of preparing the cash flow statement in which actual cash flow information from the company’s operations segment is used, instead of adjustments to net income.
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