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An approved SIP is treated as both state and federal law, enforceable by either its state of implementation or the federal government.
Annual Cash Dividends
The total amount of cash payments made to shareholders in a year as a distribution of corporate profits.
Market Price
The current price at which an asset or service can be bought or sold in the marketplace.
Days' Sales Uncollected
A financial ratio indicating the average number of days it takes for a company to collect revenue after a sale has been made.
Accounts Receivable
Money owed to a company by its customers from sales or services on credit that is expected to be paid within a short duration, usually one year.
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