Examlex
The probabilities shown in a table with two rows, and
and two columns,
and
,are as follows: P(
and
) = 0.10,P(
and
) = 0.30,P(
and
) = 0.05,and P(
and
) = 0.55.Then P(
|
) is
Retained Earnings
Retained earnings refer to the portion of net income that is kept by a company to reinvest in its business or pay down debt, instead of being distributed to shareholders as dividends.
Dividends
Disbursements issued by a company to its stockholders, typically sourced from the enterprise's earnings.
FOB Destination
A shipping term indicating the seller is responsible for the goods until they reach the buyer's specified location.
FOB Shipping Point
A term used in shipping contracts to indicate that the buyer is responsible for the cost and risk of shipping as soon as the goods leave the seller's premise.
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