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From the research Patten's team conducted,they learned that
Balance Sheet
A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.
Stock Dividend
A payment made to shareholders in the form of additional shares in the company, rather than cash.
Cash Dividend
A direct payment of profits made by a company to its shareholders, usually in cash.
Retained Earnings
The portion of a company's profit that is held or retained and saved for future use, investment, or to pay debt, rather than being distributed to shareholders as dividends.
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