Examlex
After reading the fine print in your credit card agreement,you find that the "low" interest rate is actually an 18% APR,or 1.5% per month.Now,to make you feel even worse,calculate the effective annual interest rate.
Common Dividend Payable
is a liability recorded on a company’s balance sheet representing the amount of dividends declared by the board of directors to be paid out to common stockholders.
Stock Dividend
A distribution of a corporation's earnings to its shareholders in the form of additional shares, rather than cash.
Total Equity
The residual interest in the assets of a business after deducting liabilities, representing the shareholders' ownership interest.
Retained Earnings
Retained Earnings are the portion of a business's profits not distributed to shareholders as dividends, but kept in the company to reinvest in the business or pay off debt.
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