Examlex
Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Proclamation of 1763
Capital Gains
The profit earned from the sale of an asset that has increased in value over the holding period, subject to taxation.
Non-Eligible Dividends
Dividends paid from income that has not been taxed at the corporate level, often subject to a different tax rate on the recipient's end.
Operating Cash Flow
Cash generated by a company's normal business operations, indicating its ability to generate enough cash to maintain or expand operations.
Current Liabilities
Financial obligations a company needs to settle within one year.
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