Examlex
Horace Mann's work established that __________________.
Stock Split
A process by which a corporation reduces the par or stated value of its common stock by issuing a proportionate number of additional shares.
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 market capitalization remains unchanged.
Retained Earnings
The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders.
Retained Earnings
The part of the net earnings kept by the company instead of being paid out to its shareholders in the form of dividends.
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