Indicate the Respective Effects of the Declaration of a Cash

question 237

Short Answer

Indicate the respective effects of the declaration of a cash dividend on the following balance sheet sections: $$\begin{array} { c c c } &\text { Total Assets } & \text { Total Liabilities } & \text { Total Stockholders' Equity } \\\hline a.& \text { Increase } & \text { Decrease } & \text { No change } \\b.&\text { No change } & \text { Increase } & \text { Decrease } \\c.&\text { Decrease } & \text { Increase } & \text { Decrease } \\d.&\text { Decrease } & \text { No change } & \text { Increase }\end{array}$$

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Definitions:

Comfortable

A state of physical ease and freedom from pain or constraint, as well as providing a sense of psychological ease and contentment.

Age In Place

To remain in the same home and community in later life, adjusting but not leaving when health fades.

Pool Resources

The act of combining assets, funds, or talents of a group of people for a common purpose or benefit.

Compulsive Hoarding

The urge to accumulate and hold on to familiar objects and possessions, sometimes to the point of their becoming health and/or safety hazards. This impulse tends to increase with age.