Net Income Available to Shareholders Excludes Which of the Following

question 31

Multiple Choice

Net income available to shareholders excludes which of the following?

• A)that it revenues
• B)total expenses
• C)they income taxes and preferred dividends
• D)common dividends

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Definitions:

Economic Profit

The financial gain that exceeds both the total opportunity costs of production and the accounting costs, reflecting the additional value created from business activities.

Accounting Profit

The profit a company has after deducting all its expenses from its total revenue.

Verizon Wireless

A major American telecommunications company known for providing wireless products and services.

Implicit Cost

The opportunity cost incurred by using assets, resources, or funds for a specific purpose rather than the next best alternative.