Dividend payments reduce all of the following balance sheet items except
A)cash
B)fixed assets
C)stockholder's equity
D)retained earnings

Name: Dividend payments reduce all of the following balance sheet items except A)cash B)fixed assets C)stockholder's equity D)retained earnings
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Question

Quizplus · Accepted Answer

Dividend payments do not directly impact fixed assets. Cash outflows for dividends reduce cash on the balance sheet, and dividends paid reduce retained earnings and stockholder's equity.

Dividend Payments Reduce All of the Following Balance Sheet Items