common stockholders of a business enterprise are said to be the residual owners which mean that they

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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N4 

 

common stockholders of a business enterprise are said to be the residual owners which mean that they

a. have thr rights to specific assets of the business

b. are entitled to a dividend every year in which the business earns profit

c. can negotiate individual comtrscts on behalf of the enterprise

d. bear the ultimate risks and uncertainties and recieve the benefits if enterprise ownership.

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