EARNING ASSET Definition

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EARNING ASSET is an asset which provides income (e,g, rental property).

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DILUTED EARNINGS PER SHARE are earnings per share, including common stock, preferred stock, unexercised stock options, and some convertible debt. Diluted earnings per share are usually a more accurate reflection of the companys real earning power.

OBLIGATION, in business, is a legal duty to pay or do something.

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