Which term describes a distribution of the business's assets back to the owners of the business?
A) Liability
B) Dividend
C) Retained earnings
D) Common stock

Question

Quizplus · Accepted Answer

Dividend describes the distribution of the business's assets back to the owners of the business. Liabilities refer to the obligations of the business to pay debts and other financial obligations. Retained earnings are the portion of the business's profits that are kept within the company for investments, growth, or other purposes. Common stock represents ownership in the business and gives shareholders the right to vote on certain company decisions.

Which Term Describes a Distribution of the Business's Assets Back