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The graph of y= x3 is shifted 3.0 units to the right and then vertically compressed by a factor of 0.7 .
Preferred Stock Dividends
Payments made to preferred shareholders, typically fixed, that take priority over common stock dividends.
Cumulative Preferred Stock
A type of preferred stock where dividends must be paid, including any arrears, before any dividends can be distributed to common shareholders.
Retained Earnings
The portion of net income that is retained by the company rather than distributed to its shareholders as dividends, used for reinvestment in the business or to pay off debt.
Prior Period Adjustments
Adjustments made to the financial statements to correct errors or omissions in previously issued financial statements.
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