Solved

A Company Declared and Paid $1 Million in Dividends to Its

Question 38

Multiple Choice

A company declared and paid $1 million in dividends to its common stockholders. The effect of this transaction is that the


A) earnings per share decreased.
B) earnings per share increased.
C) current ratio increased.
D) debt-to-equity ratio increased.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions