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Crimson Company Declared and Paid $1,000,000 in Dividends to the Common

Question 37

Multiple Choice

Crimson Company declared and paid $1,000,000 in dividends to the common stockholders.The effect of this transaction is that the

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

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