Which of the Following Is Needed When Declaring a Common

question 176

Multiple Choice

Which of the following is needed when declaring a common stock dividend?

• A) number of common shares authorized
• B) number of preferred shares authorized
• C) number of preferred shares issued
• D) number of common shares issued

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Definitions:

Age

The length of time that a person or thing has existed, often used as a factor in determining maturity, eligibility for services, or the like.

Eustachian Tube

An opening in the middle ear, leading to the back of the throat, that helps equalize air pressure on both sides of the eardrum.

Eardrum

A thin membrane that separates the outer ear from the middle ear and vibrates in response to sound waves.

Pressure

The force applied perpendicular to the surface of an object per unit area over which that force is distributed.