Examlex
Which of the following is a true statement?
Liquidating Dividend
A return of capital to shareholders, usually during the dissolution of a company, exceeding the original investment amount.
Retained Earnings
Cumulative net income minus dividends paid to shareholders, representing the portion of profit reinvested in the business.
Depreciation Expense
The distribution of a physical asset's cost across its anticipated lifespan to reflect its depreciation over time.
Net Income
The total profit of a company after all expenses and taxes have been deducted from revenue, also known as the bottom line.
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