What Is Chronological Age

question 43

Multiple Choice

What is chronological age?

• A)retirement age,whenever it occurs
• B)65 years of age and over
• C)the number of years a person has lived
• D)the age disability sets in

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Definitions:

Stock Dividends Distributable

A portion of a company's earnings allocated to shareholders in the form of additional shares, rather than cash, typically at a fixed rate.

Retained Earnings

The portion of net income that is retained by a company rather than distributed to its shareholders as dividends.

Dividends Declared

Profit distributed by a company to its shareholders, typically in the form of cash or additional stock, based on the number of shares owned.

Stock Split

A stock split is an action taken by a company to divide its existing shares into multiple ones to boost the liquidity of the shares, without changing the overall value of shareholders' equity.