The Declaration and Issuance of a Share Dividend Larger Than

question 103

Multiple Choice

The declaration and issuance of a share dividend larger than 25% of the shares previously outstanding

• A)increases ordinary shares outstanding and increases total equity.
• B)decreases retained earnings but does not change total equity.
• C)may increase or decrease share premium but does not change total equity.
• D)increases retained earnings and increases total equity.

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Definitions:

War on Poverty

A set of government programs initiated by President Lyndon B. Johnson aiming to reduce poverty in the United States during the 1960s.

New Frontier

A term used by President John F. Kennedy to describe his goals and policies aimed at renewal and change in domestic and foreign affairs.

Social-Policy Agenda

A social-policy agenda refers to a planned set of policies and principles aimed at improving social conditions, addressing issues such as health, education, welfare, and equal opportunities.

Great Society

A set of domestic programs in the United States launched by President Lyndon B. Johnson aimed at eliminating poverty and racial injustice through education, healthcare, and civil rights reforms.