Which of the Following Occurs When a Dividend Is Declared

question 12

Multiple Choice

Which of the following occurs when a dividend is declared?

• A)Liabilities decrease
• B)Liabilities increase
• C)Equity increases
• D)Assets increase

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Definitions:

Rated CCA

Cold Cranking Amps rating, indicating a battery's ability to start an engine in cold temperatures.

Acceptable Voltage

The range of voltage within which an electrical device or system operates safely and effectively.

84-factor Method

A calculation method used in determining vehicle registration fees based on a combination of the vehicle's weight and other factors.

Specific Gravity

The ratio of the density of a substance to the density of a reference substance, usually water for liquids and solids, and air for gases.