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Which of the Following Is Not a Characteristic of a Public

question 60

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Which of the following is not a characteristic of a public good?


Definitions:

Retained Earnings

is the portion of net income that is not distributed to shareholders as dividends but is kept by the company for reinvestment or debt payment.

Date of Record

The specific date set by a corporation on which the shareholders must be on the company's books in order to receive a declared dividend or participate in a corporate action.

Cash Dividends

Payments made by a corporation to its shareholder members from its profits or reserves.

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