Examlex
The marginal-cost curve intersects the average-total-cost curve at the minimum point of the average-total-cost curve.
Corporation
A legal entity that is separate from its owners, who own shares in the company and have limited liability.
Controller
A senior executive responsible for the accounting operations and financial reporting of a company.
Board of Directors
A group of individuals elected by shareholders to oversee the management and make key decisions for a corporation.
Declare Dividends
Declare dividends refers to the action by a company's board of directors to distribute a portion of the earnings to shareholders, typically in the form of cash or stock.
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