Bond interest paid by a corporation is an expense, whereas dividends paid are not an expense of the corporation.
举一反三
- An expense paid in advance is known as an .
- His company paid all the ______ for her. A: expensive B: expenses C: paid D: expense
- Dividends come at the expense of _____ A: interest B: retained earnings C: liabilities D: stock
- Accrued expense is most likely recorded by a company if cash is paid:（） A: before expense has been incurred. B: at the same time expense has been incurred. C: after expense has been incurred.
- Annual interest expense is the:（） A: sum of the annual coupon payments. B: amount paid to creditors in excess of par. C: book value of the debt times the market interest rate when it was issued.