If Uplift of the Land Occurs, a Wave-Cut Platform May

question 14

Short Answer

If uplift of the land occurs, a wave-cut platform may become a new ________.

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Definitions:

Retained Earnings

The portion of net earnings not distributed as dividends to shareholders but reinvested in the business or kept as a reserve.

Par Value

The face value of a bond or stock as stated by the issuer, which may differ from its market value.

Cash Dividend

A payment made by a company out of its earnings to its shareholders, usually in the form of cash.

Stock Dividend

A dividend payment made in the form of additional shares rather than a cash payout.