Multiple Choice
Which of the following statements regarding dividends is true?
A) Some companies do not pay dividends even when the company is profitable.
B) Stock dividends immediately increase the total value of the stockholders' investment.
C) Cash dividends and stock dividends both decrease total stockholders' equity.
D) A corporation has a legal obligation to pay dividends each year.
Correct Answer:
Verified
Correct Answer:
Verified
Q57: Dividends in arrears are reported as liabilities
Q58: A company issued 600 shares of $50
Q59: A company issues 100,000 shares of preferred
Q60: A debit balance in retained earnings is
Q61: The Return on Equity ratio measures:<br>A)the return
Q63: When a company uses excess cash to
Q64: On the date of record for a
Q65: Which of the following is true?<br>A)Equity financing
Q66: Advantages of the corporate form include all
Q67: Which of the following statements about retained