chicksrool9351 chicksrool9351
  • 23-01-2020
  • Business
contestada

The declaration of a cash dividend causes stockholders' equity to decrease but has no immediate effect upon corporate assets.
True/False

Respuesta :

Abotaiwo
Abotaiwo Abotaiwo
  • 24-01-2020

Answer:

False

Explanation:

Dividend is the amount of money paid out of a corporation's profit to the shareholders, which serves as return on investment.

Dividends are always paid out of current asset which is cash and such payment decreases the corporation's asset. Since it is paid out of earnings, it also decreases stockholders' equity.

Answer Link

Otras preguntas

The primary villain in "Grave of the Fireflies" is... *
Can someone help!!!?
Which section of the table would be described correctly with the phrase “contains nitrogenous bases”?
Waterway Industries is preparing its direct labor budget for May. Projections for the month are that 30600 units are to be produced and that direct labor time i
The Inca settled in the valleys of the ______. They built their capital, ________, high in the mountains. Strong emperors helped build Inca Empire. The first of
How many complete wavelengths are present in the sound wave shown? O 1 o 2 4 O 6 09. ​
Hello could someone please help me with this and explain how to do it thank you:) 7n= 301
Here's the revenue and expenses for the month. Calculate whenever Mia had a profit or loss.
plz plz plz plz help me plz it is due in 1 hour and no links plz and I needed to be a decimal ​
F r e e points if you can answers these questions. Get 4 or the most question correct and ill mark brainliest.