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A company declares a cash dividend to be paid to its stockholders next month

A company declares a cash dividend to be paid to its stockholders next month. The effect of the transaction is to:


(A) Decrease assets and liabilities.


(B) Increase assets and stockholders' equity.


(C) Decrease assets and stockholders' equity.


(D) Increase liabilities and decrease stockholders' equity.

Apr 12 2018 Read more Less More

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