Key Terms Instructions: Please Define the Following Key Terms

question 69

Short Answer

Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
"the century of genius"

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Definitions:

Goodwill

A non-physical asset that is recognized when a company is purchased at a price higher than the cumulative fair value of its recognizable net assets.

Interim Dividend

A dividend payment made before a company's annual earnings are calculated and finalized.

Fair Value

An estimation of a security's worth on an open market.

Ratification

This is the act of officially confirming or approving a decision or agreement, making it valid and binding.