The board of directors of Riverside Company declared a dividend.Later, the dividend was disbursed to stockholders.The dividend disbursement would_____.
A)decrease net income
B)decrease stockholders' equity
C)decrease both net income and stockholders' equity
D)none of these answers is correct

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The Answer of The board of directors of Riverside Company declared a dividend.Later, the dividend was disbursed to stockholders.The dividend disbursement would_____.
A)decrease net income
B)decrease stockholders' equity
C)decrease both net income and stockholders' equity
D)none of these answers is correct

The Board of Directors of Riverside Company Declared a Dividend