Instructions: Identify the Following

question 71

Essay

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.
Samuel F. B. Morse

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Definitions:

Equity Method

An accounting method used to assess the profits earned through an investment by recognizing income and dividends from the invested entity.

Amortization

The process of spreading out the original cost of an intangible asset over the duration it serves its purpose.

Dividends

Payments made by a corporation to its shareholder members, derived from the company's earnings.

Investment Account

An account held at a financial institution that is used to buy and sell securities, such as stocks, bonds, mutual funds, and ETFs.