Examlex
A small business decides to upgrade its aging phone system. The business will probably place a straight rebuy order.
After-Tax Earnings
The amount of net income remaining after all taxes have been deducted, reflecting the company's profitability after fulfilling tax obligations.
Stock Split
A corporate action that increases the number of shares outstanding, reducing the price per share without changing the company's market capitalization.
Paid in Surplus
The amount of money paid to a company by investors in exchange for stock, beyond the par value of the stock.
Par Value
The face value of a bond or stock, as determined at the time of issuance.
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