A Cash Payment Made by a Firm to Its Owners

question 68

Multiple Choice

A cash payment made by a firm to its owners when some of the firm's assets are sold off is called a(n)

• A)extra cash dividend.
• B)special dividend.
• C)regular cash dividend.
• D)liquidating dividend.
• E)share repurchase.

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Definitions:

Pacifier

A rubber, plastic, or silicone nipple given to an infant to suck upon, typically used to soothe or entertain a baby.

Rooting Reflex

An automatic response seen in newborns, where they turn their head toward any touch on their cheek or mouth, aiding in breastfeeding.

Cheek

The fleshy area located on either side of the face, below the eyes and between the nose and ear.

Neurons

Basic working units of the brain, specialized cells that transmit information to other nerve cells, muscle, or gland cells.