A share dividend involves the distribution of which of the following items: a. Shares of the companys
Question:
A share dividend involves the distribution of which of the following items:
a. Shares of the company’s stock without receiving any payment in return
b. Income of the company based on the amount declared by the board of directors
c. Equity from the company’s retained earnings balance
d. None of the above.
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1260305838
16th Canadian edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
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