Examlex
Which of the following accurately explains the difference between the brains of Tarik, a 2-year-old, and Jim, his father?
Income Tax Expense
The cost of income taxes a company must pay, reported in the income statement as part of its expenses.
Dividends
Funds disbursed by a company to its shareholders, frequently as an allocation of earnings.
Retained Earnings
The portion of a company's profit that is held back and not distributed to shareholders as dividends, often reinvested in the business.
Cash Available
The amount of liquid assets that are readily available for use by a company or individual.
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