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Sally is the only student from a foreign country in an Auditing class. On the day of the midterm exam, Sally asks the teacher whether she could use a dictionary to translate English words to her native tongue so she can better understand the questions. What do you think the instructor should do if she follows the ethical principle of justice?
Dividends Paid
Distributions of a portion of a company’s earnings, decided by the board of directors, to a class of its shareholders.
Net Income
The company's earnings remaining after deducting all expenses and tax obligations from its total revenues.
Common Stock
Equity securities representing ownership interests in a corporation, providing voting rights and potential dividends to shareholders.
Treasury Stock
Represents shares that were previously issued and outstanding but have been repurchased by the company and are held in its treasury.
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