The Declaration of a Cash Dividend Decreases a Corporation's Stockholders

question 150

True/False

The declaration of a cash dividend decreases a corporation's stockholders equity and decreases its assets.

---

Definitions:

Full Time

Employment status in which an individual works the maximum number of legal hours defined by the employer, often with benefits.

Business Profits

The excess of revenues over expenses for a business operation, indicating the financial success of the company.

Income

The money received, usually on a regular basis, for work or through investments, which affects consumer spending and saving decisions.

Public Entertainment

Activities and performances made available to the general public for enjoyment, typically involving some form of performance or display.