What Does It Mean to Hold a Green Card

question 5

Multiple Choice

What does it mean to hold a green card?

• A) This is an international passport allowing for unrestricted travel.
• B) With this, one is classified as a lawful permanent resident is eligible to work in the U.S. and to eventually apply for citizenship.
• C) That one is a naturalized US citizen.
• D) That one is present in the U.S. legally despite how entrance to the U.S. was gained.

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Definitions:

Capital Gains

The profit earned from the sale of an asset that has increased in value over the holding period, subject to taxation.

Non-Eligible Dividends

Dividends paid from income that has not been taxed at the corporate level, often subject to a different tax rate on the recipient's end.

Operating Cash Flow

Cash generated by a company's normal business operations, indicating its ability to generate enough cash to maintain or expand operations.

Current Liabilities

Financial obligations a company needs to settle within one year.