Mandy's Muffins, Inc., makes a profit in 2015. The managers of Mandy's Muffins, Inc., decide to distribute the profits to the corporation's shareholders in proportion to the number of shares held. The profits distributed to the shareholders are known as:

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Cameron Bryan

Business

30 July, 05:56

Mandy's Muffins, Inc., makes a profit in 2015. The managers of Mandy's Muffins, Inc., decide to distribute the profits to the corporation's shareholders in proportion to the number of shares held. The profits distributed to the shareholders are known as:

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Answers (1)

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Raquel Watkins · Answer 1

Dividend.

Explanation:

The managers of Mandy's Muffins, Inc., decide to distribute the profits to the corporation's shareholders are known as a dividend. A dividend is a part of the profits and retained earnings of the company that shared among its shareholders. The value of the dividend is determined on a per-share basis and is to be shared among the shareholders equally of the same class.