A company declared cash dividends in 2016, and paid the dividends in 2017. The payment in 2017
A) decreases the debt/equity ratio.
B) increases the number of shares of stock outstanding.
C) decreases shareholders' equity.
D) decreases net income.
Correct Answer:
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Q19: Which one of the following represents the
Q20: Which one of the following is a
Q21: What effect will the acquisition of treasury
Q22: If preferred stock is specified as 8%
Q23: If preferred stock is cumulative, then
A)preferred dividends
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
Q29: Which one of the following events increases
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