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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 A sum of cash received by a company from its shareholders returning their shares to the company C A sum of cash paid by a company to its shareholders out of its profits D Extra shares that a company gives to its shareholders due to good performance
Author: Gonza RAnswer:
C A sum of cash paid by a company to its shareholders out of its profits
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