What financial statement would you look at to determine the dividends declared by a business?

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899559
Joined: Mon Aug 02, 2021 8:13 am

What financial statement would you look at to determine the dividends declared by a business?

Post by answerhappygod »

A) Income statement.
B) Statement of stockholders' equity.
C) Statement of cash flows.
D) Balance sheet.
Answer: B
Explanation: Beginning retained earnings + net income − dividends = ending retained earnings.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply