Which One of the Following Statements Is Correct Concerning a Corporation

question 35

Multiple Choice

Which one of the following statements is correct concerning a corporation with taxable income of $125,000?

• A)Net income minus dividends paid will equal the ending retained earnings for the year.
• B)An increase in depreciation will increase the operating cash flow.
• C)Net income divided by the number of shares outstanding will equal the dividends per share.
• D)Interest paid will be included in both net income and operating cash flow.
• E)An increase in the tax rate will increase both net income and operating cash flow.

---

Definitions:

Picture Tools Format

A feature or suite of tools in various software applications designed for editing and formatting images.

Currently Selected

The active selection or focus within a software environment, indicating that actions will apply to that item or area.

Default Color Scheme

The preset combination of colors selected or used by an application, which can often be customized by the user.

Microsoft

An American multinational technology company known for its software products, including the Windows operating system and Office suite, as well as hardware and cloud services.