Examlex

Solved

Which of the Following Statements Is True

question 33

Multiple Choice

Which of the following statements is true?


Definitions:

Net Income

The net income a firm retains after deducting all operational expenses and taxes from its gross revenue.

Net Cash

The amount of cash available after adjusting for cash inflows and outflows over a given period.

Financing Activities

Transactions and events that involve raising funds for the company and repaying funds to investors, such as issuing stock or borrowing.

Cash Dividend

A payment made by a company out of its profits to shareholders in the form of cash.

Related Questions