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

Question

Quizplus · Accepted Answer

Dividend refers to the distribution of a company's profits or surplus to its shareholders. This is typically done in the form of cash, but can also be in the form of stock or property dividends. Liabilities refer to a company's debts or obligations, while retained earnings refer to a portion of a company's profits that are kept within the company instead of being distributed to shareholders. Common stock refers to the type of stock that most investors hold, which represents ownership in a company and may come with voting rights.

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