Examlex
Imagine you accidently mistype the URL for your bank and you are redirected to a fake website that collects your information. What type of identity theft were you just a victim of?
Retained Earnings
The portion of net income that is not distributed to shareholders but is kept by the company to reinvest in its core business or to pay debt.
Net Income
The sum a company holds onto after subtracting expenses and taxes from the total revenue earned.
Cash Dividends
Payments made by a corporation to its shareholders out of the company's current or retained earnings.
Beginning Balance
The amount of money in an account at the start of a new accounting period, carried over from the end of the previous period.
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