A Share in the Profits of an Entity Distributed in Proportion

question 24

Multiple Choice

A share in the profits of an entity distributed in proportion to the shareholders' shareholdings is referred to as:

• A)equity
• B)interest
• C)dividends
• D)drawings

---

Definitions:

Clouds

Visible masses of water droplets or ice crystals suspended in the atmosphere above the surface of a planetary body.

Explanation

A statement or account that makes something clear by describing the relevant structure or operation, or circumstances.

Argument

A reason or set of reasons given in support of an idea, action, or theory.

Premises

Statements or propositions from which another statement is conclusively deduced or inferred.