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Excess Cash
Additional cash held by a business that exceeds its operational and investment needs.
Earnings Per Share
A financial metric that measures the total earnings available to shareholders divided by the number of shares outstanding.
Debt/Equity Ratio
A ratio demonstrating the comparative levels of shareholders' equity and borrowed funds deployed to finance company assets.
Residual Dividend Policy
A strategy where dividends paid to shareholders are based on earnings left over after all operational and project expenses are covered.
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