Examlex
Which of the following statements is false?
Sold Bonds
The action of issuing bonds to investors, raising capital by incurring long-term debt.
Long-Term Investment
A long-term investment is an account on the asset side of a company's balance sheet that represents the company's investments, including stocks, bonds, real estate, and cash, held for more than one year.
Net Income
The total profit or loss of a company after all revenues, expenses, taxes, and costs have been subtracted from total revenue.
Dividends
Profit distributions by a corporation to its shareholders, usually as an earnings sharing.
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