A stock split:
A) causes decrease in the number of shares outstanding.
B) increases the par or stated value in proportion.
C) reduces retained earnings.
D) None of these answers are correct.
Correct Answer:
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Q30: The date of record for cash dividends
Q31: Which of the following dividend dates does
Q32: The entry to record the payment of
Q33: On the date of record,the journal entry
Q34: What are the annual dividends on preferred
Q35: The journal entry to pay a cash
Q36: Payment of a cash dividend causes:
A)an increase
Q37: Before a three-for-one stock split,the shares outstanding
Q39: A distribution to stockholders in the form
Q40: In the dividend process, the liability Dividend
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