Question

What financial statement would you look at to determine the dividends declared by a business?

• A. Balance sheet.
• B. Statement of stockholders’ equity.
• C. Statement of cash flows.
• D. Income statement.

Answer 1

The correct option is B

Statement of stockholders’ equity.

Answer b. Statement of stockholders’ equity

Explanation: Statement of shareholders’ equity reports the progressions in the value of investors’ equity or proprietorship interest in an organisation, from the start of a bookkeeping period to the end of the period. It gives shareholders information about the changes in equity, changes in account or records, and reports the business’s operating activities that add to the development in the worth of investors’ equity.