Dividend payments reduce all of the following balance sheet items EXCEPT ____.
A) cash
B) fixed assets
C) stockholders' equity
D) retained earnings

Name: Dividend payments reduce all of the following balance sheet items EXCEPT ____. A) cash B) fixed assets C) stockholders' equity D) retained earnings
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Question

Quizplus · Accepted Answer

Dividend payments do not affect fixed assets on the balance sheet. Instead, they reduce cash, stockholders' equity, and retained earnings.

Dividend Payments Reduce All of the Following Balance Sheet Items