pums QUESTION 27 Stockholders' equity is often referred to as excess net income. leftovers. residual equity second equity 2.5 points QUESTION 28 A balance sheet shows revenues, liabilities, and stockholders' equity expenses, dividends, and stockholders' equity. revenues, expenses, and dividends. assets, liabilities, and stockholders' equity. 2.5 points QUESTION 29 An example of an expired cost is inventory. sales salaries. prepaid expenses. plant assets