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Find the Correct Statement

question 5

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Find the correct statement:


Definitions:

Net Income

The profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Dividends

Payments made by a corporation to its shareholders, typically from earnings, as a distribution of profits.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's earnings.

Consolidated Statement of Retained Earnings

A financial statement that shows the changes in a corporation's retained earnings over a specific period, combining the retained earnings of the parent company with those of its subsidiaries.

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