Examlex
Which of the following statements is correct?
Resold
The act of selling an item or asset that has already been purchased.
Net Income
The profit a company generates after all expenses, taxes, and costs have been deducted from total revenue.
Common Stock
Equity ownership in a corporation, with voting rights and potential dividends, but last in priority for assets and income.
Cash Dividends
Distributions of a corporation's earnings to shareholders as a return on their investment, typically in the form of cash.
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