It’s in Washington I think
The profits of domestic financial corporations are always distributed.
Corporate profits are the excess revenue received by corporations over their accounting cost of production.
<em>One portion of the profits</em> is used to pay corporate profits taxes. These taxes are paid to the government.
<em>The second portion</em> is used by the corporations to finance capital investment. This portion is also called retained earnings. These are profits not paid as taxes nor as dividends to shareholders.
<em>The third portion </em>is used to pay out dividends to shareholders or corporate owners.
Each portion of the profits may change with the ebb and flow of economic conditions and tax laws.
Answer:overestimate
Explanation:
The overconfidence effect occurs when our subjective confidence in our capability is beyond our objective performance. This means we overestimate our ability to do something in a way that we don't even consider other aspects that may bring setbacks in our performance.
This can also be seen in planning fallacy , when a person overstimate the time it will take them to complete a particular task.
Remember that time when you were told about the class test that would take place in 2 weeks but instead of studying early you decided to study two days before a class test because you believed you can do all the work in that short time.
This is the Overconfidence in your own ability.
Mexico and Central South America was the place where the earliest civilizations of the Olmec, Maya, Aztec and Inca developed.
Happy Studying!
