A Company Declared and Paid $1 Million in Dividends to Its

question 130

Multiple Choice

A company declared and paid $1 million in dividends to its common stockholders.The effect of this transaction is that the

• A)Earnings per share decreased.
• B)Earnings per share increased.
• C)Current ratio increased.
• D)Debt-to-equity ratio increased.

---

Definitions:

Collections

The process or practices involved in pursuing payments of debts owed by individuals or businesses.

Initial Call

The first contact or communication, often referring to the early stages of a process or relationship.

Patient

An individual receiving medical care or treatment from healthcare professionals.

Authorization Device

A device or a software mechanism that is used to grant permission to access or do something within a system or network.