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Basic Financial Accounting Short Questions
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Question:
What is a "dividend"? Select one alternative: A Extra shares that a company gives to its shareholders from dividing its current shares B Extra shares that a company gives to its shareholders due to good performance C A sum of cash received by a company from its shareholders returning their shares to the company D A sum of cash paid by a company to its shareholders out of its profits
Author: Gonza RAnswer:
D A sum of cash paid by a company to its shareholders out of its profits
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