Blumenthal Company Declared and Paid a Cash Dividend Totaling $50,000

question 84

Multiple Choice

Blumenthal Company declared and paid a cash dividend totaling $50,000 on its common stock.As a result of this transaction,the company's debt to assets ratio will:

• A)Decrease.
• B)Increase.
• C)Remain the same.
• D)Cannot be determined.

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Definitions:

Financial Matters

Issues or considerations related to managing money, including spending, saving, investing, and planning for future financial needs.

Novelty

The quality of being new, original, or unusual.

Adventure

An exciting or remarkable experience that typically involves risks and unknown outcomes.

Church Attendance

The practice of going to church services, reflecting religious commitment, community involvement, or personal belief.