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Bruce owns several sole proprietorships. Must Bruce use the same accounting method for each of these businesses?
Common Stock
Equity securities that represent ownership in a company, usually accompanied by voting rights and potential for dividends.
Dividends
Money distributed from a company's profits to its owners or investors.
Stock Dividend
A dividend payment made in the form of additional shares rather than cash, often used by companies to conserve cash.
Market Price
The present cost at which a service or asset is available for purchase or sale in a specific market.
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