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What is the first stage in Kohlberg's theory of moral development?
Book Value
The net value of a company's assets minus its liabilities, essentially the equity value as shown on the balance sheet.
Net Income
The total profit of a company after all expenses and taxes have been deducted from revenues.
Dividend Per Share
A measure of the total dividends declared in a period divided by the number of outstanding ordinary shares.
Excess Cash
The amount of cash owned by a business that exceeds its immediate operational and investment needs, often signaling financial strength.
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