Which one of the following events increases the debt/equity ratio?
A) Purchase of treasury stock
B) Sale of treasury stock for more than its cost
C) Sale of treasury stock for less than its cost
D) Payment of cash dividends that were previously declared
Correct Answer:
Verified
Q24: A company declared cash dividends in 2016,
Q25: Simon Corp's $1 par value, common
Q26: Dividends are not paid on
A)noncumulative preferred stock.
B)nonparticipating
Q27: Treasury stock is
A)an asset representing a corporate
Q28: Preferred stock may be preferred by investors
Q30: The declaration of cash dividends
A)increases total expenses.
B)decreases
Q31: Which one of the following would always
Q32: Which one of the following events increases
Q33: Dividends in arrears on cumulative preferred stock
A)increase
Q34: If a company sells its treasury stock
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