trainingData.csv

Question,Answer
What is financial accounting?,"Financial accounting is the communication of information about a business or other type of organization so that individuals can assess its financial health and prospects.  Whether it is gathering financial information about a specific organization, putting that information into a structure designed to enhance communication, or working to understand the information being conveyed."
What is financial accounting?,"Financial accounting is the process of recording and reporting a company's financial 
transactions."
What is financial accounting?,"Financial accounting is when a company summarizes economic transactions 
performed by that company."
What makes financial accounting important?,Obtaining a working knowledge of financial accounting and its underlying principles enables a person to understand the information conveyed about an organization so that better decisions can be made. Developing the ability to analyze financial information and then using that knowledge to arrive at sound decisions can be critically important. 
What makes financial accounting important?,"Financial accounting allows someone to understand a company’s health and 
where a company intends to invest their money and resources."
What makes financial accounting important?,"Financial accounting is important to an investor because it allows an investor 
to see and predict where a company will invest their money and resources."
What real-life decisions could a person be facing where an understanding of financial accounting is beneficial?,Most business decisions require an understanding behind financial accounting and the current status of a business or organization to understand their future prospects. Many publically traded stocks and options are evaluated for security or risk by understanding these factors. 
A great number of possible decisions could be addressed in connection with an organization. Is an understanding of financial accounting relevant to all business decisions?,"Organizational decisions are extremely important for success.  The general term ""accounting"" refers to the communication of financial information for decision-making purposes. Accounting is then further subdivided into (a) financial accounting and (b) managerial accounting. The communication of financial information within an organization so internal decisions can be made in an appropriate manner. It focuses on conveying relevant data (primarily to external parties) so that decisions can be made about an organization. Thus, questions such as lending or spending money fall into this category. "
Is there any reason for a person who is employed by a company to care about the financial accounting data reported about that organization?,"Every employee should be quite interested in assessing that information to judge future employment prospects. A company that is doing well will possibly award larger pay raises or perhaps significant end-of-year cash bonuses. A financially healthy organization can afford to hire new employees, buy additional equipment, or pursue major new initiatives. Conversely, when a company is struggling and prospects are dim, employees might anticipate layoffs, pay cuts, or reductions in resources. Thus, although financial accounting information is often directed to outside decision makers, employees should be vitally interested in the financial health of their own organization. "
Why should an employee in the marketing or personnel department of Company C be interested in the financial information that it distributes?,"Individuals who attain a proper level of knowledge of financial accounting can utilize this information to make decisions based on the organization's perceived financial health and outlook. Such decisions might include assessing employment potential, lending money, granting credit, and buying or selling ownership shares. However, financial accounting does not address issues that are purely of an internal nature, such as whether an organization should buy or lease equipment or the level of pay raises. Information to guide such internal decisions is generated according to managerial accounting rules and procedures. Despite not being directed toward the inner workings of an organization, employees are interested in financial accounting because it helps them assess the future financial prospects of their employer. "
Why does a person or an organization acquire ownership shares of a business?,"In the United States, as well as in many other countries, owners of a business or other type of organization can apply to the state government to have it identified as an entity legally separate from its owners. This process is referred to as incorporation. A business that has not been incorporated is legally either a sole proprietorship (one owner) or a partnership (more than one owner). Several advantages can be gained from incorporation, keyly, the ability to sell shares for money and allow investors to become owners (also known as stockholders or shareholders). Any investor who acquires one or more capital shares of a corporation is an owner and has rights that are specified by the state government or on the stock certificate. "
How could millions of investors possessing billions of capital shares of a single corporation ever serve as the ownership of that organization?,"Obviously, a great many companies have an enormous quantity of capital shares. Virtually none of these owners can expect to have any impact on the daily operations of the corporation. In a vast number of such businesses, stockholders simply vote to elect a representative group to oversee the company for them. This body called the board of directors is a group that oversees the management of a corporation. It hires the management to run the company on a daily basis and then meets periodically to review operating and   financing results and also approve policy and strategy."
Why buy stocks if very few stockholders can ever hope to hold enough shares to participate in managing or influencing the operations? ,"Stocks and shares can be traded between individuals. When investors believe a company is financially healthy and its future is bright, they expect prosperity and growth. If that happens, the negotiated price for this company's capital stock should rise over time. Everyone attempts to anticipate such movements in order to buy the stock at a low price and sell it later at a higher one. Conversely, if predictions are not optimistic, then the share price is likely to drop and owners face the possibility of incurring losses in the value of their investments. Many factors affect the movement of stock prices such as the perceived quality of the management, historical trends in profitability, the viability of the industry in which it operates, and the health of the economy as a whole. "
What is the potential benefit of buying capital stock issued by a business organization?,"Stocks and shares can be traded between individuals. When investors believe a company is financially healthy and its future is bright, they expect prosperity and growth. If that happens, the negotiated price for this company's capital stock should rise over time. Everyone attempts to anticipate such movements in order to buy the stock at a low price and sell it later at a higher one. Conversely, if predictions are not optimistic, then the share price is likely to drop and owners face the possibility of incurring losses in the value of their investments. Many factors affect the movement of stock prices such as the perceived quality of the management, historical trends in profitability, the viability of the industry in which it operates, and the health of the economy as a whole. "
Is the possibility for appreciation of stock prices the only reason that investors choose to acquire capital shares?,Many corporations—although certainly not all—also pay cash dividends. Distributions made by a corporation to its shareholders as a reward when income has been earned; shareholders often receive favorable tax treatment when cash dividends are collected. to their stockholders periodically.
What do investors actually hope to learn about a company from financial information?,"The information reported by financial accounting is similar to a giant, complex portrait painted of the organization. All investors are trying to arrive at the same two insights: an estimate of the price of the corporation's stock in the future and the amount of cash dividends that will be paid over time. Despite the complexity of the information, these two goals are rather simplistic. If an investor owns capital shares of a company and feels that the current accounting information signals either a rise in stock prices or strong dividend payments, holding the investment or even buying more shares is probably warranted. Conversely, if careful analysis indicates a possible drop in stock price or a reduction in dividend payments, sale of the stock is likely to be the appropriate action."
Are there reasons to analyze the financial accounting information produced by a particular business other than to help investors predict stock prices and cash dividend payments?,"The desire to analyze a company's financial situation is not limited to investors in the stock market. For example, a loan might be requested from a bank or one company could be considering the sale of its merchandise to another on credit. Such obligations eventually require payment. Therefore, a sizeable portion of the parties that study the financial information reported by an organization is probably most interested in the likelihood that money will be available to pay its debts. Future stock prices and cash dividend distributions are much less significant speculations for a creditor. The same financial data utilized by investors buying or selling stock will also be of benefit to current and potential creditors. "
What is meant by financial information?,"The financial information reported by and about an organization consists of data that can be measured in monetary terms. For example, the cost to acquire assets, revenue, profits, salary, or investments. Relevant information is communicated to decision makers as a monetary balance. However, if a company has eight thousand employees, that number might be interesting but it is not financial information. The figure is not a dollar amount; it is not stated in the form that is useful for decision-making purposes. "
Is financial information limited solely to figures that can be stated in monetary terms?,"Although financial accounting starts by reporting balances as monetary amounts, the communication process does not stop there. Verbal explanations as well as additional numerical data are also provided to clarify or expand the information where necessary. An organization must also communicate other nonfinancial information such as the cause of a lawsuit and the likelihood that the loss will actually occur. "
Why would you invest in stocks instead of gold or real estate?,"High-volume stocks are very liquid, while real estate is not. Gold is liquid, but historically has lower returns.  "
What is a corporation?,"A corporation is a company or business that independent of its owner(s),
allowing it to carry out legalities under its own name."
What is a corporation?,"Corporations are entities that pursue legal matters under the entity's name 
and stays separate from the owner(s)."
What is a corporation?,"Legal affairs are handled under the business’s or company’s name, not 
through the owner(s)"
How does a business become a corporation?,"A business becomes a corporation by completing a process called
 incorporation, where the business registers with the government"
How does a business become a corporation?,"A business must complete the ""incorporation"" process with the 
state government."
How does a business become a corporation?,"A registration process through the state called “incorporation” is the
how a business becomes a corporation."
Why would a business want to become a corporation?,"There are many reasons a business might want to become a 
corporation, including selling stock, shareholder liability, and easier 
legality management"
Why would a business want to become a corporation?,"Selling stock, shareholder liability, and easier legality management 
are all reasons why a company might want to become a corporation."
Why would a business want to become a corporation?,"Advantages of a business becoming a corporation include selling 
stock, shareholder liability, and easier legality management"
Why would an investor would purchase stock in a corporation? ,"An investor would purchase a stock to receive dividend payments, sell the stock for a gain if the share price increases, or earn a return on their investment "
How correct or exact is the financial information that is reported by a business or other organization?,"In accounting, materiality has long been the underlying benchmark in the reporting of information. This concept requires that data presented by an organization to decision makers should never contain any material misstatements. For financial accounting information, this is the basic standard for the required level of accuracy. Decision makers want financial statements to contain no material misstatements. The reporting entity must take adequate precautions to ensure that the information holds no material misstatements for the simple reason that the data can no longer be considered fairly presented. A financial accountant never claims that reported information is correct, accurate, or exact. Such precision is rarely possible and not needed when decision makers are analyzing the financial health and prospects of an organization. However, the accountant must take all precautions necessary to ensure that the data contain no material misstatements. Thus, financial figures are never released without reasonable assurance being obtained that no errors or other mistakes are present that could impact the decisions that will be made. All parties need to believe that reported information can be used with confidence in order to evaluate the financial condition and prospects of the organization as a whole. "
What prevents reported financial information from being precise?,"In truth, a reasonable percentage of the numbers reported in financial accounting are exact. The primary reason that precision is not a goal—or often not even a possibility—in financial accounting can be summed up in a single word: uncertainty. Many of the events encountered every day by an organization contain some degree of uncertainty. Unfortunately, no technique exists to report uncertain events in precise terms. "
Is accounting really a type of language? Is it possible for accounting to paint portraits and be a language?,"The simple answer to this question is that accounting is a language, one that enables an organization to communicate a portrait of its financial health and future prospects to interested parties by using words and numbers rather than oils or watercolors. That language becomes especially helpful when an organization faces the task of reporting complex uncertainties. "
"When faced with complexity, how does the financial accountant know what reporting guidelines to follow? ","A significant body of generally accepted accounting principles (frequently referred to as U.S. GAAP) has been created in the United States over many decades to provide authoritative guidance and standardization for financial accounting. When faced with a reporting issue, such as a lawsuit, accountants consult U.S. GAAP to arrive at an appropriate resolution, one that results in fair presentation. If both the accountant and the decision maker understand U.S. GAAP, even the most complex financial information can be conveyed successfully.  "
How does a decision maker looking at reported information know what reporting guidelines have been followed?,"Decision makers who want to evaluate specific organizations in order to make decisions about them should learn U.S. GAAP in order to understand the data being reported. Although some elements of U.S. GAAP have been in use almost throughout history, many of these rules and principles are relatively new—often developed within the last twenty to thirty years."
Why is U.S. GAAP important? ,"The United States has a capitalistic economy, which means that businesses are (for the most part) owned by private citizens and groups rather than by the government. To operate and grow, these companies must convince investors and creditors to contribute huge amounts of their own money voluntarily. Not surprisingly, such financing is only forthcoming if the possible risks and rewards can be assessed and then evaluated with sufficient reliability. Before handing over thousands or even millions of dollars, investors and creditors must believe that they have the reliable data required to make reasonable estimations of future stock prices, cash dividends, and cash flows. Otherwise, buying stocks and granting credit is no more than gambling. U.S. GAAP enables these outside parties to obtain the information they need to reduce their perceived risk to acceptable levels. "
Who created U.S. GAAP?,"Since 1973, the primary authoritative body in charge of producing U.S. GAAP has been the Financial Accounting Standards Board (frequently referred to as FASB) . FASB is an independent group supported by the U.S. government, various accounting organizations, and private businesses. It is charged with establishing and improving the standards by which businesses and not-for-profit organizations (such as charities) produce the financial information that they distribute to decision makers.  FASB combined all authoritative accounting literature into a single source for U.S. GAAP, which is known as the Accounting Standards Codification. By bringing together hundreds of official documents, FASB has made U.S. GAAP both more understandable and easier to access.  "
"If U.S. GAAP is constantly evolving, how does that occur?","Typically, accounting problems arise over time within various areas of financial reporting. New types of financial events can be created, for example, that are not covered by U.S. GAAP or, perhaps, weaknesses in earlier rules start to become evident. If such concerns grow to be serious, FASB will step in and study the issues and alternatives and possibly pass new rules or make amendments to previous ones. FASB is methodical in its deliberations and the entire process can take years. Changes, additions, and deletions to U.S. GAAP are not made without proper consideration. Several other bodies also play important roles in the creation of U.S. GAAP. "
Is an asset a complicated accounting concept?,"Simply put, an asset is a future economic benefit that an organization either owns or controls. This can include buildings, property, equipment, machinery, etc. "
"What general information is conveyed to a decision maker by the term ""asset""?","Simply put, an asset is a future economic benefit that an organization either owns or controls. This can include buildings, property, equipment, machinery, etc. "
What is an asset?,"Simply put, an asset is a future economic benefit that an organization either owns or controls. This can include buildings, property, equipment, machinery, etc. "
Are liabilities the equivalent of monetary debts?,"A more formal definition of a liability is that it is a probable future sacrifice of economic benefits arising from present obligations. Liabilities can certainly be viewed as the debts of the organization. Liabilties include amounts owed to the vendors who supply merchandise to the company's stores, notes due to banks as a result of loans, income tax obligations, and balances to be paid to employees, utility companies, advertising agencies, and the like. "
What is a fincancial liability?,"A more formal definition of a liability is that it is a probable future sacrifice of economic benefits arising from present obligations. Liabilities can certainly be viewed as the debts of the organization. Liabilties include amounts owed to the vendors who supply merchandise to the company's stores, notes due to banks as a result of loans, income tax obligations, and balances to be paid to employees, utility companies, advertising agencies, and the like. "
What information is conveyed by a company's revenue balance?,"The term ""revenue"" is a measure of the financial impact on a company resulting from a particular process. Revenue is not an asset; it is a measure of the increase in the company's net assets that results from sales of inventory and services. For reporting purposes, sales must result from the primary or central operation of the business. Sales resulting from noncentral parts of the company's operations (perhaps the disposal of a piece of land, for example) will be reported in a different manner. "
What is revenue?,"Revenue is the total income a company earns from its business activities, such as selling goods or services, before any expenses are subtracted. It is often called the ""top line"" on a company's income statement and is calculated by multiplying the price of a product or service by the quantity sold"
What is an expense?,"An expense is an outflow or reduction in net assets that was incurred by an organization in hopes of generating revenues. Expenses can be insurance, rent, advertising, utility (such as for electricity and water), salary, and many other similar costs. In some ways, expenses are the opposite of revenues that measure the inflows or increases in net assets created by sales. Expense figures reflect outflows or decreases in net assets incurred in hopes of generating revenues. "
"What is the meaning of asset, liability, revenue, and expense?","Asset: a future economic benefit owned or controlled by the reporting company, such as inventory, land, or equipment. Liability: a probable future economic sacrifice or, in simple terms, a debt. Revenue: a measure of the inflow or increase in net assets generated by the sales made by a company. It is a reflection of the amounts brought into the company by the sales process during a specified period of time. Expense: a measure of the outflow or reduction in net assets caused by the company's attempt to generate revenues and includes costs, such as rent expense, salary expense, and insurance expense. "
What types of financial data will be available on a typical income statement?,"The main content of an income statement is rather straightforward: a listing of all revenues earned and expenses. Revenue figures disclose increases in net assets that were created by the sale of goods or services resulting from the primary operations of the organization. Conversely, expenses are decreases in net assets incurred by a reporting company in hopes of generating revenues. Financial accounting focuses on providing information about an organization and both of these figures should help decision makers begin to glimpse a portrait of the underlying company. "
What else is found in an income statement other than gains and losses?,"The main content of an income statement: a listing of all revenues earned and expenses. Revenue figures disclose increases in net assets that were created by the sale of goods or services resulting from the primary operations of the organization. Conversely, expenses are decreases in net assets incurred by a reporting company in hopes of generating revenues. Financial accounting focuses on providing information about an organization and both of these figures should help decision makers begin to glimpse a portrait of the underlying company. "
Is nothing else presented on an income statement other than revenues and expenses?,An income statement also reports gains and losses for the same period of time. A gain is an increase in the net assets of an organization created by an occurrence outside its primary or central operations. A loss is a decrease in net assets from a similar type of incidental event. 
What else is found in an income statement other than revenue and expenses?,An income statement also reports gains and losses for the same period of time. A gain is an increase in the net assets of an organization created by an occurrence outside its primary or central operations. A loss is a decrease in net assets from a similar type of incidental event. 
"Why is income tax expense listed last, by itself, on the income statement and not with the other expenses?","State and federal income taxes cost businesses in the United States considerable sums of money each year. The income tax figure is segregated in this manner because it is not an expense in a traditional sense. An expense is incurred in order to generate revenues. Income taxes do not create revenues at all. Instead, they are caused by the company's revenues and related profitability. Although referring to income taxes as an expense is common, the financial impact is the same as an expense (an outflow or decrease in net assets); thus, ""income tax expense"" is often used for labeling purposes. However, because the nature of this ""expense"" is different, the reported income tax figure is frequently isolated at the bottom of the income statement, separate from true expenses. "
Why are rent and advertising not grouped with the assets on the balance sheet?,"Drawing a distinction that allows a cost to be classified as either an asset or an expense is not always easy for an accountant. A cost is identified as an asset if the benefit clearly has value in generating future revenues for the company whereas an expense is a cost that has already helped earn revenues in the past. With an asset, the utility will be consumed in the year. With an expense, the utility has already been consumed. "
How does a company determine whether a cost represents an asset or an expense?,"Drawing a distinction that allows a cost to be classified as either an asset or an expense is not always easy for an accountant. A cost is identified as an asset if the benefit clearly has value in generating future revenues for the company whereas an expense is a cost that has already helped earn revenues in the past. With an asset, the utility will be consumed in the year. With an expense, the utility has already been consumed. "
"When an accountant encounters a case that is ""too close to call,"" what reporting is appropriate?","Situations often arise where two or more outcomes seem equally likely. The distinction between an asset and an expense is simply one of numerous possibilities. The conservative nature of accounting influences many elements of U.S. GAAP. Whenever an accountant faces two or more equally likely possibilities, the one that makes the company look worse should be selected. In other words, financial accounting attempts to ensure that a reporting organization never looks significantly better than it actually is. If a cost has been incurred that might have either a future value (an asset) or a past value (an expense), the accountant always reports the most likely possibility. "
"When delineation between an asset and an expense appears to be impossible, what is reported?","Situations often arise where two or more outcomes seem equally likely. The distinction between an asset and an expense is simply one of numerous possibilities. The conservative nature of accounting influences many elements of U.S. GAAP. Whenever an accountant faces two or more equally likely possibilities, the one that makes the company look worse should be selected. In other words, financial accounting attempts to ensure that a reporting organization never looks significantly better than it actually is. If a cost has been incurred that might have either a future value (an asset) or a past value (an expense), the accountant always reports the most likely possibility. "
What is reported when a company can't see the difference between an asset or expense?,"Situations often arise where two or more outcomes seem equally likely. The distinction between an asset and an expense is simply one of numerous possibilities. The conservative nature of accounting influences many elements of U.S. GAAP. Whenever an accountant faces two or more equally likely possibilities, the one that makes the company look worse should be selected. In other words, financial accounting attempts to ensure that a reporting organization never looks significantly better than it actually is. If a cost has been incurred that might have either a future value (an asset) or a past value (an expense), the accountant always reports the most likely possibility. "
Why does conservatism exist in financial accounting?,"Accountants are well aware that the financial statements they produce are relied on by decision makers around the world. Such decision makers face potential losses that can be significant. Accountants take their role in this process quite seriously. As a result, financial accounting has traditionally held that the users of financial statements are best protected if the reporting process is never overly optimistic in picturing an organization's financial health and future prospects. "
Why does a bias exist for reporting outcomes in a negative way?,"Accountants are well aware that the financial statements they produce are relied on by decision makers around the world. Such decision makers face potential losses that can be significant. Accountants take their role in this process quite seriously. As a result, financial accounting has traditionally held that the users of financial statements are best protected if the reporting process is never overly optimistic in picturing an organization's financial health and future prospects. "
Why do accountents always report the more negative outcome?,"Accountants are well aware that the financial statements they produce are relied on by decision makers around the world. Such decision makers face potential losses that can be significant. Accountants take their role in this process quite seriously. As a result, financial accounting has traditionally held that the users of financial statements are best protected if the reporting process is never overly optimistic in picturing an organization's financial health and future prospects. "
Why are dividend payments not included as expenses on an income statement?,"Dividends are not expenses and, therefore, must be omitted in creating an income statement. Such payments obviously reduce the amount of net assets owned or controlled by a reporting company. However, they are not related in any way to generating revenues. A dividend is a reward distributed by a company to the owners of its capital stock. Thus, a dividend is a sharing of profits and not a cost incurred to create revenues. "
Is net income the most important number to be found in a set of financial statements?,"The net income figure reported for any business organization is an eagerly anticipated and carefully analyzed piece of financial information. It is the most discussed number disclosed by virtually any company. However, financial statements present a vast array of data and the importance of one balance should never be overemphasized. Only the analysis of all information conveyed by a complete set of financial statements enables an interested party to arrive at the most appropriate decisions about an organization. "
What information does a retained earnings balance communicate to an outside decision maker?,Retained earnings represent measure of the profits left in a business throughout its history to create growth. The retained earnings figure informs decision makers of the amount of that internally generated expansion.
What does retained earnings tell decision makers about a business?,Retained earnings represent measure of the profits left in a business throughout its history to create growth. The retained earnings figure informs decision makers of the amount of that internally generated expansion.
What is retained earnings?,"Retained earnings is one of the most misunderstood accounts in all of financial reporting. In simplest terms, this balance is merely the total amount of net income reported by a company since it first began operations, less all dividends paid to stockholders during that same period. Thus, the figure provides a measure of the profits left in a business throughout its history to create growth."
"Other than through operations, how else does a company derive its net assets?","Beyond operations, a company accumulates net assets by receiving contributions from its owners in exchange for capital stock. On a balance sheet, the measure of this inflow is usually labeled something like capital stock, common stock, or contributed capital. The reported amount indicates the portion of the net assets that came into the business directly from stockholders. The amount of a company's net assets is the excess of its assets over its liabilities. "
How does a company derive assets other than through business operations?,"Beyond operations, a company accumulates net assets by receiving contributions from its owners in exchange for capital stock. On a balance sheet, the measure of this inflow is usually labeled something like capital stock, common stock, or contributed capital. The reported amount indicates the portion of the net assets that came into the business directly from stockholders. The amount of a company's net assets is the excess of its assets over its liabilities. "
"Does the company receive money in this way when shares are sold each day on the New York Stock Exchange, NASDAQ (National Association of Securities Dealers Automated Quotation Service), or other stock exchanges?","No, purchases and sales on stock markets normally occur between investors and not with the company. Only the initial issuance of the ownership shares to a stockholder creates the inflow of assets reported by the company's capital stock or contributed capital account. "
Do companies get paid when their stocks are traded? ,"No, purchases and sales on stock markets normally occur between investors and not with the company. Only the initial issuance of the ownership shares to a stockholder creates the inflow of assets reported by the company's capital stock or contributed capital account. "
"If a decision maker studies a company's balance sheet, what information can be discovered?",The primary purpose of a balance sheet is to report an organization's assets and liabilities at a particular point in time. The format is quite simple. All assets are listed first—usually in order of liquidity —followed by the liabilities. A picture is provided of each future economic benefit owned or controlled by the company (its assets) as well as its debts (liabilities). 
What information can be found on a company's balance sheet?,The primary purpose of a balance sheet is to report an organization's assets and liabilities at a particular point in time. The format is quite simple. All assets are listed first—usually in order of liquidity —followed by the liabilities. A picture is provided of each future economic benefit owned or controlled by the company (its assets) as well as its debts (liabilities). 
What are notes and bonds and how do they differ from each other?,"Both notes and bonds are written contracts (often referred to as indentures) that specify the payment of designated amounts of cash on stated dates. The term ""note"" may be used when a contract is negotiated directly between two parties. For example, if officials from Jones Company go to City Street Bank and borrow $1.2 million to construct a new warehouse, the contract between the parties that establishes the specifics of this loan agreement will be referred to as a note. The term ""bond"" may be used to describe a contract or group of contracts that is created by a debtor and then sold, often to a number of members of the general public. Jones Company could opt to raise the needed $1.2 million for the new warehouse by printing 1,200 $1,000 bonds that it sells to a wide array of creditors around the world. Typically, the issuance of debt to multiple parties enables a company to raise extremely large amounts of money."
 What is common stock?,Common stock represents the basic ownership of a corporation. 
How is the earnings per share (EPS) calculated?,EPS (often referred to as basic EPS) is the net income for the period divided by the weighted average number of outstanding shares of common stock. 
What is a dividend?,A dividend is a cash distribution by a company to its shareholders. 
What is a dividend?,"A dividend is a payment, often at a regular interval, to shareholders from the company's profits"
What is a dividend?,A dividend is profit that a company pays out to shareholders in return for their investment
Do you know what a dividend is? ,A dividend is a cash distribution by a company to its shareholders. 
Do you know what a dividend is?,"A dividend is a payment, often at a regular interval, to shareholders from the company's profits"
Do you know what a dividend is? ,A dividend is profit that a company pays out to shareholders in return for their investment
Can you tell me what a dividend is?,A dividend is a cash distribution by a company to its shareholders. 
Can you tell me what a dividend is?,"A dividend is a payment, often at a regular interval, to shareholders from the company's profits"
Can you tell me what a dividend is?,A dividend is profit that a company pays out to shareholders in return for their investment