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According to Singer, a point that relates to the question of just how much we all ought to be giving away "is that we ought to give until we reach the level of _________________, that is, the level at which, by giving more, I would cause as much suffering to myself or my dependents as I would relieve by my gift."
Retained Earnings
The portion of a company's profits not distributed as dividends to shareholders but kept back in the company to reinvest in its core business, or to pay debt.
Dividend Payout Ratio
A financial ratio that indicates the percentage of a company's earnings paid to shareholders in the form of dividends.
Net Income
The total earnings of a company after subtracting all expenses from revenue, also known as the bottom line.
Constant Percentage
A fixed proportion or rate that is applied to a specific calculation, such as in investment strategies or financial formulas.
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