What Is the Order in Which Assets Are Generally Listed

question 11

Multiple Choice

What is the order in which assets are generally listed on a classified balance sheet?

• A)Current and long-term
• B)Current; property, plant and equipment; long-term investments; intangibles
• C)Current; property, plant and equipment; intangibles; long-term investments
• D)Current; long-term investments; property, plant and equipment, intangibles

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Definitions:

Dividend Amount

Dividend amount is the sum paid to shareholders out of a company's earnings, typically on a per-share basis.

Dividend Yield

The annual dividend payment divided by the current market price of the stock, expressing the dividend as a percentage of the stock price.

Tax Deductible

Expenses that can be subtracted from gross income to reduce taxable income, ultimately decreasing the tax owed.

Dividends

Money distributed to shareholders by a corporation, usually from the company's profits.