A company declared cash dividends in 2009, and paid the dividends in 2010. The payment in 2010
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:
Verified
Q5: Which one of the following is a
Q16: A corporation generated assets by issuing equity
Q20: Which one of the following is a
Q22: Which one of the following would most
Q26: Dividends are not paid on
A)noncumulative preferred stock.
B)nonparticipating
Q27: Treasury stock is
A)an asset representing a corporate
Q28: Which one of the following is 'debt'
Q29: Which one of the following events increases
Q32: Which one of the following events increases
Q36: The payment of previously declared cash dividends
A)increases
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents