From the following statements, select the one that describes the effect of dividends on equity.
A. Dividends cause equity to decrease.
B. Dividends cause equity to increase.
C. Dividends have no effect on equity.
D. Dividends cause assets to increase.
Answer: A. Dividends cause equity to decrease.
You might also like to view...
Global standardization of trade-related law is progressing slowly.
Answer the following statement true (T) or false (F)
Followers of the sociological school of jurisprudence can also be referred to as:
A) Federalists. B) Consitutionalists. C) Realists. D) Crits.
An 80% learning rate means that the time falls by 20% at each doubling of output
Indicate whether the statement is true or false
Since business has been rapidly expanding, A Shot of Sugar Bakery decides to purchase a second industrial oven. The cash paid for this oven would be listed in the ____ section of the statement of cash flows.
A. operating B. purchasing C. investing D. financing E. business