Multiple Choice
What is a payment of cash to a corporation's shareholders called?
A) A liability
B) A dividend
C) A deficit
D) An expense
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q55: The opening balances of capital stock and
Q56: Emily has been out of school and
Q57: Today, a company sold $1,000 of
Q58: Trout Co.ordered and received inventory worth $45,000
Q59: A shareholder invested $75,000, made up of
Q61: Lennox Limited reported sales of $5,000,000, cost
Q62: A company has current assets of $200,000
Q63: If a stakeholder wanted to measure the
Q64: The opening balance of retained earnings for
Q65: When a company makes a sale under