A cash payment made by a firm to its owners in the normal course of business is called a:
A) share repurchase.
B) liquidating dividend.
C) regular cash dividend.
D) special dividend.
E) extra cash dividend.
C) regular cash dividend.
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Usually, there is a gain or loss involved when bonds are redeemed before maturity. The gain or loss is the difference between
a. the amount paid to redeem the bonds and the carrying value of the bonds. b. the maturity value of the bonds and the market value of the bonds. c. the carrying value of the bonds and the face value of the bonds. d. the maturity value of the bonds and the carrying value of the bonds.
From a population of size 500, a random sample of 50 items is selected. The mode of the sample
A. must be 500. B. must be equal to the mode of population, if the sample is truly random. C. must be equal to the mean of the population, if the sample is truly random. D. can be larger, smaller or equal to the mode of the population.
Which of the following is not an investing activity?
A) Purchase of investments for cash B) Purchase of equipment for cash C) Sale of merchandise for cash D) Sale of land for cash
Describe the three major concepts of social responsibility.
What will be an ideal response?