Examlex
Provide a definition of each of the follow accounting terms.
Retained Earnings
It represents the cumulative amount of net income earned by a company that is retained rather than distributed to its shareholders as dividends.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting liabilities, reflecting the ownership interest of shareholders.
Cash Dividend
A cash dividend is a payment made by a company out of its profits to shareholders, typically on a quarterly basis, in the form of cash.
Net Income
The total profit or loss of a company after all revenues, expenses, taxes, and costs have been subtracted, reflecting the financial performance over a specific period.
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