Examlex
According to your text,which of the following type of bonds was issued by FedEx?
Retained Earnings
The portion of a business's profits not distributed to shareholders, instead being reinvested in the business or used to pay off debt.
Net Income
The total amount of profit earned by a company after all expenses and taxes have been deducted from total revenue.
Cash Dividends
Profits distributed by a company to its shareholders out of the company's current or retained earnings, typically in the form of cash.
Preferred Stock
A class of ownership in a corporation with a specified dividend that is paid before any dividends are paid to common stock holders and typically with no voting rights.
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