What Events Cause Changes in a Corporation's Retained Earnings

question 99

Multiple Choice

What events cause changes in a corporation's retained earnings?

• A) Declaration of dividends and issuance of shares to new shareholders.
• B) Profit or loss and declaration of dividends.
• C) Profit issuance of shares, and borrowing from a bank.
• D) Declaration of dividends and purchase of new machinery.

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Definitions:

Creek

A Native American people originally from the southeastern United States, also known as the Muscogee.

Cherokee

A Native American people originally from the southeastern United States, known for their rich culture, history, and forced removal on the Trail of Tears.

Slaveholders

Individuals or entities that owned slaves, predominantly in historical contexts where slavery was a legal institution, such as in pre-emancipation United States.

Sedition Act

Historical U.S. legislation that made it a crime to speak, write, or publish "false, scandalous, and malicious" statements against the government.