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Perfect competition exists in an industry that contains many relatively small firms producing identical products.
Stock Dividend
A dividend payment made to shareholders in the form of additional company shares rather than cash.
Retained Earnings
Profits that a company has earned to date, less any dividends or other distributions paid to shareholders, often reinvested in the business.
Restricted
Restricted typically refers to assets or securities that are not freely tradable or accessible due to regulations or specific conditions.
Cash Dividends
Payments made by a corporation to its shareholder members, distributing a portion of the company's earnings in cash.
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