Income That Is Received from Equity Claims on Corporations Is

question 35

Multiple Choice

Income that is received from equity claims on corporations is called which of these?

• A)dividends
• B)interest
• C)net income
• D)incremental profit

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Definitions:

Interest Revenue

Income earned from lending funds or through investing in interest-bearing financial instruments.

Gain Sale Building

The profit realized from the sale of a building asset.

Balance Sheet

A report documenting an organization's financial status, including its assets, liabilities, and the equity owned by shareholders, as of a certain date.

Buildings Equipment

Fixed assets such as physical structures and machinery owned by a business for use in operations, not for immediate resale.