When a Corporation Pays a Previously Declared Cash Dividend, Which

question 46

Multiple Choice

When a corporation pays a previously declared cash dividend, which of the following is true?

• A)cash increases
• B)liabilities decrease
• C)stockholders' equity decreases
• D)no entry is necessary

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Definitions:

Nitrogenous Waste

Waste products that contain nitrogen, primarily produced by the metabolic breakdown of proteins and nucleic acids, and excreted by organisms.

Urea

Main nitrogenous waste of terrestrial amphibians and most mammals.

Creatinine

A waste product produced by muscles from the breakdown of a compound called creatine, commonly measured in blood or urine tests as an indicator of kidney function.

Tubular Reabsorption

Movement of primarily nutrient molecules and water from the contents of the nephron into blood at the proximal convoluted tubule.