Which of the Following Would Immediately Cause a Change in a Corporation's

question 30

Multiple Choice

Which of the following would immediately cause a change in a corporation's retained earnings?

• A)Net income or net loss and declaration of dividends.
• B)Declaration of dividends and issuance of common stock to new stockholders.
• C)Net income and issuance of stock to new stockholders.
• D)Declaration of dividends and purchase of new machinery.

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