_____ is a portion of a corporation's net income designated by the board of directors and returned to shareholders on a per share basis.

Question

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A dividend is a portion of a corporation's net income designated by the board of directors and returned to shareholders on a per share basis. Compensation refers to payments made to employees or executives. Retained earnings are profits that a company keeps instead of distributing as dividends. A share is a unit of ownership in a company, and a corporate bond is a debt security issued by a corporation.

_____ Is a Portion of a Corporation's Net Income Designated