Examlex
Functional departmentalization groups jobs by________ .
Retained Earnings
Profits of a company that are not distributed as dividends but are instead reinvested in the business or kept as reserve.
Par Value
The face value of a bond or the stated value of a share of stock, as assigned by the issuing company.
Book Value
The worth of an asset as indicated by its balance sheet account balance, which considers the asset's original cost less any depreciation, amortization, or impairment charges.
Dividends in Arrears
Unpaid dividends on preferred stock that accumulate until paid by the corporation, often before any dividends can be paid on common stock.
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