Examlex
When a(n) ____________ variable is declared, the compiler sets aside, or allocates, a chunk of memory big enough to hold the variable's data.
Noncash Consideration
Payment made in a form other than cash, such as property, goods, or services, during transactions.
Dividends Payable
Refers to the amount of dividends that a company has declared to pay out to its shareholders but has not yet distributed.
Dividends Declared
The portion of a company's earnings that is approved by the board of directors to be distributed to shareholders.
Retained Earnings
The portion of net income that is not distributed to shareholders and is instead reinvested in the business.
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