An Example of an Intangible Good Is

question 188

Multiple Choice

An example of an intangible good is:

• A)​an automobile.
• B)​a new house.
• C)​a snowplow.
• D)​friendship.

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Definitions:

Retained Earnings

Profits that are not distributed as dividends but are instead reinvested into the business.

Net Income

Net Income is the total earnings of a company after subtracting all expenses, taxes, and costs from its total revenue.

Dividend

A portion of a company's earnings distributed to shareholders, typically in the form of cash or additional shares.

Treasury Stock

Shares of a company's own stock that it has repurchased from shareholders and can hold, reissue, or retire.