Examlex
When a good is nonrival in consumption, it means the marginal cost of any individual's consumption is zero.False
Date of Declaration
The date on which a company's board of directors announces a dividend payment to shareholders.
Stock Split
A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the overall market capitalization remains unchanged.
Par Value
The nominal or face value of a bond, share of stock, or coupon as stated by the issuing company.
Retained Earnings
Retained earnings represent the cumulative amount of net income earned by a company that is retained by the company rather than distributed to its shareholders as dividends.
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