The increase in owners' equity for a given period is equal to
A) net income minus dividends.
B) sales minus dividends.
C) positive net cash flow minus dividends.
D) gross profit minus distributions to shareholders.
A
You might also like to view...
An audit is doomed to failure if _____
a. top management is not responsive to accepting the need for change b. the audit is conducted by company specialists c. the purpose of the audit is kept secret from middle managers d. the audit must be conducted when the store is closed
Which of the following performance goals is SMAART?
a. Meet with at least two customers per day on sales-related calls and record your results in the database by the end of business each Friday b. Meet with two or three customers per day c. Provide sales support to customers and record your work in the database d. None of the above