On Its Year-End Statement of Activities, the Charity Would Report

question 33

Multiple Choice

On its year-end statement of activities, the charity would report interest revenues of:

• A) $0
• B) $30,000
• C) $40,000
• D) None of the above.

---

Definitions:

Net Income

The final profit figure for a company after deducting taxes and expenses from the revenue.

Dividend Payout Ratio

The dividend payout ratio is the fraction of net income a firm pays to its shareholders in dividends, expressed as a percentage of the company's total net income.

Retained Earnings

The portion of net income that is retained by the company rather than distributed to its shareholders as dividends.

Profit Margin

A financial metric that measures the percentage of revenue remaining after all expenses have been deducted from sales.