Examlex
Below is a list of key terms:
a.deficit
b.restriction
c.date of record
d.potential common shares
e.ex-dividend date
f.liquidating dividends
g.if-converted method
h.appropriation
i.scrip dividend
j.simple capital structure
Required:
Match the appropriate key term with the correct definition below.
Assets
Economic resources owned or controlled by a business, expected to produce future benefits.
Net Income
The total profit of a company after all expenses, including taxes and interest, have been deducted from total revenue.
Equity
The residual interest in the assets of a business after deducting its liabilities, representing the ownership interest of shareholders.
Assets
Resources owned by a business or individual that have economic value and can be used to meet debts or commitments.
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