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Congress passed the Radio Act of 1912 in response to the sinking of the Titanic.
Redeemed Bonds
Bonds that have been repaid by the issuer prior to or at maturity, removing the debt obligation from the issuer's balance sheet.
Purchased Patents
Intellectual property rights acquired from another entity, granting exclusive rights to use, make, sell, or distribute the patented technology or product.
Gain On Sale
The profit that results from selling an asset for more than its purchase price.
Net Income
The total earnings or profit of a company after all expenses and taxes have been deducted from total revenue.
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