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As globalization gains speed, intercultural communication will become less important to business success.
Target Capital Structure
The mix of debt, preferred stock, and common equity that a company aims to hold to minimize its cost of capital.
Projected Capital Budget
A forward-looking budget that outlines anticipated investments in projects and assets for the purpose of long-term growth.
Net Income
The net income of a business following the deduction of all costs and taxes from its overall revenue.
Residual Dividend Policy
A method where dividends are based on earnings minus capital expenditures and working capital needs; basically, dividends are paid from leftover or residual earnings.
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