Which of the Following Transactions Will Not Change a Company's

question 73

Multiple Choice

Which of the following transactions will not change a company's total stockholders' equity?

• A)Reporting of net income.
• B)Issuing stock to stockholders in exchange for cash.
• C)The declaration of a cash dividend.
• D)The payment of a previously declared cash dividend.

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Definitions:

Yeast

A unicellular fungus (usually an ascomycete) that reproduces asexually by budding or fission, and sexually by ascospores.

Perforated Septum

A condition where the nasal septum, the bone and cartilage that separates the nasal cavity, has one or more holes.

Conidium

An asexual spore that is usually formed at the tip of a specialized hypha called a conidiophore.

Basidium

The clublike spore-producing organ of basidiomycetes that bears sexual spores called basidiospores.