Examlex
Which one of the following is not one of the traits possessed by professionals?
Firm's Earnings
The net profit a company achieves in a given period, calculated as revenues minus costs and expenses before taxation.
Information Content Effect
A market phenomenon where stock prices adjust in response to the news contained in a company announcement, suggesting the news has value for investors’ decisions.
Dividend Payout
The segment of a company's income that is given to shareholders in dividends.
Residual Dividend
A policy whereby a company pays dividends to its shareholders from the residual or leftover equity once all operational and capital expenditure needs are met.
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