Factors that usually affect retained earnings directly include:
A) net income or loss, and dividends.
B) extraordinary items and losses from discontinued operations.
C) stock dividends and gains or losses from the sale of treasury stock.
D) net income or loss, and the issuance of stock at an amount in excess of par value.
Correct Answer:
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Q1: The declaration of a cash dividend by
Q3: A stock dividend is similar to a
Q4: Which of the following is one of
Q7: The dollar amount of the common stock
Q8: Additional paid-in capital is most likely to
Q9: In comparison to the stockholders' equity section
Q16: In most states, par value of issued
Q16: The annual per share dividend requirement of
Q19: Retained earnings represents:
A)cash that is available for
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