Benson Company declared and paid a cash dividend totaling $500,000 on its common stock. As a result of this transaction, the company's debt to assets ratio will:

A. Remain the same.
B. Decrease.
C. Increase.
D. Cannot be determined.


Answer: C

Business

You might also like to view...

The operating cycle is equal to days' sales uncollected plus days' inventory on hand minus days' payable

Indicate whether the statement is true or false

Business

The evaluation of future long-range projects to allocate resources effectively and efficiently is referred to as ______________________________________

Fill in the blank(s) with correct word

Business

The right of an employee to know what they are being asked to do and the consequences of that action to the individual or others is part of which basic right?

A. Right of privacy B. Right of free consent C. Right to free speech D. Right to due process E. Right of freedom of conscience

Business

What major customer problem did MinuteClinic solve in their CVP?

a. lack of time b. lack of access c. lack of skill d. lack of money

Business