Dividends Appear On

question 90

Multiple Choice

Dividends appear on:

• A)the Statement of Retained Earnings.
• B)both the Statement of Retained Earnings and the Income Statement.
• C)the Income Statement.
• D)the Balance Sheet.

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Definitions:

Tax

A compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures.

Good

A tangible product or item that satisfies some human want or need.

Equilibrium Quantity

The quantity of goods or services supplied is exactly equal to the quantity demanded at the market price.

Market Demand

The total quantity of a good or service that all consumers in a market are willing and able to purchase at a given price.