Answered: Which one of the following is a payment…

Which one of the following is a payment of either cash or shares of stock that is paid out of earnings to a firm's shareholders? Interest Distribution Dividend retained earnings

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 20GI

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Question

Which one of the following is a payment of either cash or shares of stock that is paid out of earnings to a firm's shareholders?

Interest

Distribution

Dividend

retained earnings

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