Examlex
____________________ is the bending of light rays as they pass from one medium to another.
Dividend Per Share
The total dividends declared or paid by a company divided by the current number of outstanding shares.
Trading Securities
Financial assets that are bought and sold with the intention of generating profits from short-term price fluctuations.
Fair Value
An estimate of the price at which an asset or liability could be traded in a fair transaction between willing parties, other than in a forced or liquidation sale.
Cost Method
An accounting method used to record investments, where the investment is recorded at its acquisition cost without recognizing periodic gains or losses.
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