Which of the following is an accurate description of dividends?
A) They indicate the money invested by sole proprietors in their business.
B) They refer to profits in a general partnership.
C) They indicate the capital invested by each partner in a limited partnership.
D) They are cash payments received through distribution of profits in a corporation.
E) They indicate the amount of tax the incorporators of a business need to pay annually.
Correct Answer:
Verified
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