Two events A and B are said to be independent if P(A 
B) = P(A) + P(B).
Definitions:
Retained Earnings
The portion of net income that is kept within the company rather than distributed to shareholders as dividends, often used for reinvestment.
Net Income
The amount of profit left over after all operating expenses, taxes, and interest payments have been deducted from total revenue.
Dividend
A portion of a company's earnings distributed to shareholders, usually in the form of cash or additional stock.
Treasury Stock
Shares that were once part of the outstanding shares but were bought back by the issuing company.
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