An Officer May Use Derogatory, Biased Terms Referring to a Person's

question 22

True/False

An officer may use derogatory, biased terms referring to a person's race, ethnicity, religion, or sexual preference in police reports.

Describe the principles of conspicuous consumption and the wealth effect.

Evaluate the determinants of consumption and the importance of disposable income in consumer behavior.

Understand the types and implications of different dividends declared by corporations.

Calculate the effect of cash dividends on a company's financial statements.

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Definitions:

Cash Dividend

A payment made by a company out of its earnings to shareholders in the form of cash.

Retained Earnings

is the portion of net income that is not distributed to shareholders as dividends but is kept by the company for reinvestment or debt payment.

Date of Record

The specific date set by a corporation on which the shareholders must be on the company's books in order to receive a declared dividend or participate in a corporate action.

Cash Dividends

Payments made by a corporation to its shareholder members from its profits or reserves.