Distributions of assets by a business to its stockholders are called:
A)Dividends
B)Expenses
C)Assets
D)Retained earnings
E)Net Income

Question

Quizplus · Accepted Answer

Distributions of assets by a business to its stockholders are called dividends. Expenses refer to costs incurred by a business in its day-to-day operations. Assets are the resources owned by the business. Retained earnings refer to the portion of net income that is kept by the business for reinvestment or future use. Net income is the profit earned by the business after deducting all expenses and taxes.

Distributions of Assets by a Business to Its Stockholders Are