A Dividend That Represents a Return of Capital Rather Than

question 72

Multiple Choice

A dividend that represents a return of capital rather than a distribution of retained earnings is called a

• A)property dividend
• B)stock dividend
• C)capital dividend
• D)liquidating dividend

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Definitions:

Asset Turnover

An efficiency ratio that gauges a company's capability to use its assets for producing sales earnings.

Additions to Land

Expenditures made to increase the value of land, which can include costs for landscaping, site improvement, or acquiring adjacent land.

Parking Lots

Designated areas where vehicles can be parked temporarily. These can be commercial ventures or part of public infrastructure.

Fences

Structures erected to enclose or delineate areas, or to prevent unauthorized access or egress.