9 Explain the following in non-technical language that a business person who has not read this text...

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9 Explain the following in non-technical language that a business person who has not read this text would understand:

Why are dividends to shareholders not considered to be an expense in calculating net profit? Employee wages are considered to be an expense, as is the cost of products delivered to customers, and shareholders must be kept happy, as must employees and customers.

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Fundamentals Of Accounting And Financial Management

ISBN: 9780170454797

8th Edition

Authors: Professor Ken Trotman, Kerry Humphreys

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