Owners of Tri-States Industries,Ralph and Maureen,are Sent a Dividend Check

question 10

Multiple Choice

Owners of Tri-States Industries,Ralph and Maureen,are sent a dividend check from the company.For this transaction,what is the effect on the accounting equation for Tri-States Industries?

• A)Assets decrease and stockholders' equity decreases.
• B)Assets increase and stockholders' equity increases.
• C)Liabilities increase and stockholders' equity decreases.
• D)Liabilities decrease and stockholders' equity increases.

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Definitions:

Unconscious-Processing

Cognitive processing that occurs without conscious awareness, influencing perceptions and decisions without our explicit knowledge.

Problem-Space

The set of all possible states or configurations that can be reached in solving a problem or achieving a goal.

Mental Set

A predisposition to approach a problem in a particular way, often influenced by past experiences.

Functional Fixedness

A cognitive bias that limits a person to using an object only in the way it is traditionally used.