Examlex
Which of the following documents would be sent to the treasurer?
Stockholders' Equity
Stockholders' Equity is the residual interest in the assets of a corporation that remains after deducting its liabilities, representing ownership interest in a company.
Net Income
The total earnings or profit of a company after deducting all expenses, taxes, and losses from the total revenue.
Retained Earnings
The portion of net income that is retained by the company rather than distributed to its shareholders as dividends.
Cash Dividend
A payment made by a corporation to its shareholders, usually as a distribution of profits in the form of cash.
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