Which of the Following Statements About Dividends Is True?
A)Dividends Represent a Sharing of Corporate Profits with Owners
Multiple Choice
Which of the following statements about dividends is true?
A) Dividends represent a sharing of corporate profits with owners.
B) Both stock dividends and cash dividends reduce retained earnings.
C) Cash dividends paid to shareholders reduce net income.
D) Dividends are declared at the discretion of the board of directors.
Correct Answer:
Verified
Correct Answer:
Verified
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