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COGNITIVE ASSESSMENT You go to your local town utility in order to pay your gas bill. Which of the following are you most likely to use?
Income Statement
A financial statement that shows a company's revenues, expenses, and net income over a specific period of time.
Cash Dividends
Payments made by a corporation to its shareholders from its profits in the form of cash.
Financing Activities
Transactions related to raising capital and repaying investors, including debt, equity, and dividends.
Common Stock
Common stock represents ownership shares in a corporation, giving holders voting rights and a residual claim on corporate earnings in the form of dividends.
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